Probability is the likelihood of a particular event occurring, expressed as a number between 0 and 1, where 1 denotes certainty and 0 denotes impossibility. In various fields such as mathematics, ...

This repository contains links to references (journal papers and videos) that are useful for learning simulation of probability distributions and variable transformation. The latter shows that you don ...

A common question that arises when considering the results from a well-designed sampling programme for a rare or invasive species is: 'Sampling has failed to detect a species that could have been ...

It had to happen: the property bubble burst and the global financial market experienced its biggest crisis in the last hundred years. In retrospect, many suspected it was coming, but nobody could have ...

It is a question on the minds of so many people who are planning for retirement: Will I run out of money? We can take into account all of the income a person expects in retirement as well as their ...