The outcomes of rolling a six-sided die are: 1, 2, 3, 4, 5, 6. A probability of zero means an outcome is impossible. A probability of 1 means an outcome is certain ...
South Texas is currently battling dangerous flooding left over from tropical depression Imelda. It’s a scary scene: Parts of the state have been evacuated, and Texas governor Greg Abbott recently ...
We introduce a new approach to simulating rare events for Markov random walks with heavy-tailed increments. This approach involves sequential importance sampling and resampling, and uses a martingale ...
To calculate the probability of an event, the total number of possible outcomes is often required. For simple situations, making a list or completing a sample space diagram is enough but in more ...
Andy Pitman receives funding from the Australian Research Council. Anna Ukkola receives funding from the Australian Research Council. Seth Westra receives funding from the Australian Research Council ...