Abstract: Assumptions play a pivotal role in the selection and efficacy of statistical models, as unmet assumptions can lead to flawed conclusions and impact decision-making. In both traditional ...

Statistics is all about getting data and analysing it and using it to answer questions about the world be that in terms of Economics, Finance or public opinions. The applications are numerous The LSE ...

The sudden and severe economic shocks from the pandemic created model risk challenges, because of the magnitude of behavioural and market changes, and the pace at which these changes occurred.

Artificial intelligence (AI) is a broad term used to describe various types of virtual "intelligence" designed to replicate aspects of human cognitive abilities. Machine learning (ML) is a type of AI, ...

Let's say an environmental scientist is studying whether exposure to air pollution is associated with lower birth weights in a ...

AI is the big idea, and machine learning is the engine that powers it Artificial intelligence (AI) is a broad term used to ...