The purpose of the Institute of Mathematical Statistics (IMS) is to foster the development and dissemination of the theory and applications of statistics and probability. The Institute was formed at a ...

Copulas are functions that enable the construction of multivariate probability distributions by binding together univariate marginal distributions. Central to probability theory, they allow ...

While electronic health records present a rich and promising data source for observational research, they are highly susceptible to missing data. For settings like these, Seaman et al. (Biometrics 68 ...

Operational risk is one of the influential risks identified by banking practitioners, and as the international banking supervisor, the Basel Committee on Banking Supervision has paid special attention ...

Lyric Semiconductor Inc, a DARPA- and venture-funded MIT spin-out, has emerged from stealth mode to launch what it is calling probability processing technology, which it believes will in the future ...

Many people gamble in the hope of winning money without considering the risks involved. By using probability theory it is possible to estimate the chance of certain events. For instance, one can ...