The US equity market stands at the most extreme valuations in history, on the measures we find best correlated with actual ...

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When is it appropriate to completely reinvent the wheel? To an outsider, that seems to happen a lot in category theory, and probability theory isn’t spared from this treatment. We’ve had a useful ...

Abstract: Inspired by works on the Markov process based steganalysis, we propose a new steganalysis technique based on the conditional probability statistics. Specifically we focus on its performance ...

Probability is a measure of how likely an event is to occur within a specific range of possible outcomes. While it is often associated with gambling, probability theory plays a vital role in various ...