R is an open-source programming language and environment with powerful and extensive features for data analysis, data visualization, and statistical computing. Although R first appeared in the 1990s, ...

When conducting surveys, two kinds of nonresponse may cause incomplete data files: unit nonresponse (complete nonresponse) and item nonresponse (partial nonresponse). The selectivity of the unit ...

ITHACA, N.Y.--(BUSINESS WIRE)--Savvy investors and analysts know to expect the unexpected. Probability simulations addressing unexpected market fluctuations provide insights to help manage long-term ...

Co-workers do some armchair theorizing on statistics. By John Hodgman Joseph writes: A co-worker told me that there is a 50-50 chance we are living in a computer simulation. I agree, because ...

This paper considers the worst-case Conditional Value-at-Risk (CVaR) in the situation where only partial information on the underlying probability distribution is available. The minimization of the ...