Fuzzy statistics and random variables represent a progressive fusion of traditional probability theory with the principles of fuzzy logic, enabling the treatment of imprecision and vagueness inherent ...

You don't need a crystal ball to tell you what is going to happen next in the economy. You need a statistical model. A new method can help researchers determine which economic variables they should ...

Up to now, it has taken a great deal of computational effort to detect dependencies between more than two high-dimensional variables, in particular when complicated non-linear relationships are ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor ...

Correlation coefficients are indicators of the strength of the linear relationship between two different variables, x and y. A linear correlation coefficient that is greater than zero indicates a ...