Traders in bonds and credit default swaps are bombarded with information on the default probabilities implied by credit spreads using a simple ratio. This ratio predicts that the credit spread will be ...

Statistical Science, Vol. 19, No. 4 (Nov., 2004), pp. 652-662 (11 pages) Quantile and conditional quantile statistical thinking, as I have innovated it in my research since 1976, is outlined in this ...

Computer scientists have developed what they believe to be the first data-based answer to how long it will take for a house to sell. Their machine-learning solution innovatively draws upon methodology ...

In ecological studies, it is useful to estimate the probability that a species occurs at given locations. The probability of presence can be modeled by traditional statistical methods, if both ...