What Is A Probabilistic Model? A probabilistic model is a statistical tool that accounts for randomness or uncertainty when predicting future events. Instead of giving a definitive answer, it ...

The key idea behind the probabilistic framework to machine learning is that learning can be thought of as inferring plausible models to explain observed data. A machine can use such models to make ...

Probabilistic model checking and Markov decision processes (MDPs) form two interlinked branches of formal analysis for systems operating under uncertainty. These techniques offer a mathematical ...

For humans and machines, intelligence requires making sense of the world — inferring simple explanations for the mishmosh of information coming in through our senses, discovering regularities and ...

To determine maximum aggregate component materiality levels, we first use the cumulative binomial distribution to derive the maximum number of components that can be allowed to simultaneously contain ...

Data-Driven Thinking” is written by members of the media community and contains fresh ideas on the digital revolution in media. Today’s column is written by AJ Brown, CEO and co-founder of LeadsRx.

Do you use these mental models for efficient decision-making in your daily life? If not, you’re missing out on the opportunity to make more thoughtful and informed choices. Mental models are cognitive ...

The survey literature has long shown that more respondents say they intend to vote than actually cast a ballot (e.g., Bernstein et al. 2001; Silver et al. 1986). In addition, some people say they do ...