Replaces the standard Kelly Criterion's fixed win-probability assumption with a Beta-distributed posterior, generating a full distribution of recommended stakes — sized conservatively by evidence ...

Marty Makary was appointed commissioner of the Food and Drug Administration (FDA) in 2025. The prominent surgeon, medical researcher, bestselling author, and critic of the medical ...

Bayesian estimation of a discrete mixture of logit models, also called latent class model. The class membership model includes socio-economic variables. The datafile is organized as panel data.

Estimating parameters accurately becomes significantly more challenging when other, irrelevant parameters, known as nuisance parameters, are present, and this research addresses this fundamental ...

Statistical communication through data visualization is essential across diverse fields, including health, climate, science, education, and policymaking. Despite its widespread use, there is currently ...

Sudden, hurricane-force winds toppled the luxury Bayesian superyacht that sank off the coast of Sicily last August, according to an interim report into the disaster, which found the boat had ...

An official report into last year’s yacht tragedy, which killed seven, found that the boat could easily capsize in high winds. Its towering mast made it more vulnerable. By Jeffrey Gettleman and James ...

ProcessOptimizer is a Python package designed to provide easy access to advanced machine learning techniques, specifically Bayesian optimization using, e.g., Gaussian processes. Aimed at ...

Sediment plumes created by dredging or mining activities have an impact on the ecosystem in a much larger area than the mining or dredging area itself. It is therefore important and sometimes ...

Abstract: This work studies an information-theoretic performance limit of an integrated sensing and communication (ISAC) system where the goal of sensing is to ...

Background Risk screening for pre-eclampsia relies on accurate gestational age assessment, but routine access to ...