For students and researchers in applied mathematics who are interested in science and engineering, E, Li, and Vanden-Eijnden provide a mathematically solid introduction to the basic ideas and tools in
probability theory and stochastic analysis.
Rudolf Taschner surveys the history of games and different approaches, from the evolution of
probability theory to word plays and the current model of applying game theory to military strategy and global finance.
By examining the foundations of macroeconometrics, this article demonstrates that all macroeconometric modelling work is based on shaky foundations because the conditions for the
probability theory do not hold in time-series modelling.
Jaynes was one of the proponents of the usage of
probability theory as an extension of deductive logic.
As cyberthreat analysts, experts rely on the company's machine learning and Bayesian
probability theory to protect customers from cyberthreats.
It begins with a brief review of
probability theory, which provides an understanding of the core building block of entropy.
The University of Bucharest counted among its Professors some distinguished mathematicians, like Octav Onicescu (
Probability Theory), Miron Nicolescu (Mathematical Analysis), Gheorghe Vranceanu (Geometry), Nicolae Theodorescu (Differential Equations), Simion Stoilow (Complex Variables), all of them former students of great mathematicians from France or Italy.
Before the formula, investment decisions were not much different than betting: this details much of the work leading to the equation's discovery, from early science and business pursuits of accountants, chemists and mathematicians working across Europe to thinkers who developed a theory of financial markets and applied
probability theory to their operations.
probability theory as a mathematical science similar to mechanics or electrodynamics, and probability itself as an objective measurable concept similar to mass or charge.
This approach, although is analogous to
probability theory, can be carried out under weaker assumption and used when limited observational information is available.