One of the goals of statistics is to make inferences about population parameters from a limited set of observations. Last month, we showed how Bayes' theorem is used to update probability estimates as ...
Wavelet threshold algorithms replace small magnitude wavelet coefficients with zero and keep or shrink the other coefficients. This is basically a local procedure, because wavelet coefficients ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
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