What Is Conditional Probability? Conditional probability in statistics measures the probability that a certain event will occur based on the occurrence (or non-occurrence) of other, related events ...

Explain why probability is important to statistics and data science. See the relationship between conditional and independent events in a statistical experiment. Calculate the expectation and variance ...

A third force that is reshaping statistics is the computational revolution, and The Annals will also welcome developments in this area. The purpose of the Institute of Mathematical Statistics (IMS) is ...

We adapt the expectation-maximization algorithm to incorporate unobserved heterogeneity into conditional choice probability (CCP) estimators of dynamic discrete choice problems. The unobserved ...