Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how ...

Get a simple explanation of Bayes’ Theorem that anyone can understand, even with no advanced math background. This video breaks the idea down using clear examples and intuitive reasoning to show how ...

A small business in Lexington is giving back in a big way. The American Heart Association has named Shelia Bayes a Leader of Impact. The owner of Shelia Bayes Jewelers is giving customers a chance to ...

Study Mode helps students walk through topics rather than just giving them answers. But there’s a glaring problem. OpenAI is launching Study Mode, a version of ChatGPT for college students that it ...

Nernst's theorem—a general experimental observation presented in 1905 that entropy exchanges tend to zero when the temperature tends to zero—has been directly linked to the second principle of ...

In 1994, an earthquake of a proof shook up the mathematical world. The mathematician Andrew Wiles had finally settled Fermat’s Last Theorem, a central problem in number theory that had remained open ...

Salvage crews have recovered the boom from the $40 million Bayesian luxury yacht, which sank off the coast of Sicily in August 2024, killing seven people, including British tech tycoon Mike Lynch and ...

An official report into last year’s yacht tragedy, which killed seven, found that the boat could easily capsize in high winds. Its towering mast made it more vulnerable. By Jeffrey Gettleman and James ...

Bernoulli’s 1713 golden theorem is viewed retrospectively in the context of modern model-based frequentist inference that revolves around the concept of a prespecified statistical model Mθ (x), ...

Three crew members of the Bayesian superyacht are officially under investigation for crimes including negligence, recklessness and failing to save the ship from an oncoming storm, according to Italian ...