Bayes' theorem, also called Bayes' rule or Bayesian theorem, is a mathematical formula used to determine the conditional probability of events. The theorem uses the power of statistics and probability ...

Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how the Bayesian and Buhlmann methods relate.

An international team of physicists has extended Bayes’ rule into the quantum realm, potentially transforming how we handle uncertainty in quantum computing and machine learning. The study is ...

Don’t worry, a little Bayesian analysis won’t hurt you. By Siobhan Roberts There is a statistician’s rejoinder — sometimes offered as wry criticism, sometimes as honest advice — that could hardly be a ...

Our eyes, gestures, and tone bring us together in a more profound way than words alone. It’s why we look hopefully toward the return of in-person, face-to-face connection. In science, progress is ...