There is a growing movement to introduce elements of statistics and probability into the secondary and even the elementary school curriculum, as part of basic literacy in mathematics. Although many ...

This course is available on the MSc in Risk and Stochastics, MSc in Statistics (Financial Statistics) and MSc in Statistics (Financial Statistics) (Research). This course is available with permission ...

Probability is the theory that allows us to make an inference from a sample to a population. It provides the mathematical and theoretical basis for quantifying uncertainty. Probability is also used ...

Chernoff [1] has called attention to a paper of Mann and Wald [5], which provides a general theory and a convenient notation for the derivation of theorems concerning stochastic limits and limit ...

In order to fetch brilliant scores in the CAT exam, you must have a dab hand at Set Theory. This topic is easy to understand provided you have right understanding of the basic concept associated with ...

Economics is the study of the allocation of scarce resources. The subject of this course is microeconomics, which examines the decision making of individuals and firms with regard to consumption, ...

Here, we bring for you another tricky yet important concept to learn. ‘Probability’ is one important topic of Modern mathematics which has the potential to shoot up the scores of a CAT aspirant. Hence ...

Probability is the theory that allows us to make an inference from a sample to a population. It provides the mathematical and theoretical basis for quantifying uncertainty. Probability is also used ...