When it comes to using data to personalize medicine, Google and a UK hospital group’s partnership to build a personalized healthcare app – using 1.6 million health records – is really just the tip of ...

Brief review of conditional probability and expectation followed by a study of Markov chains, both discrete and continuous time. Queuing theory, terminology, and single queue systems are studied with ...

You can’t predict the future, of course, but that doesn’t stop some financial professionals from trying. Of the many methods devised to anticipate different possible futures in financial planning, ...

Monte Carlo, an old gambling concept, could have a future in healthcare as an approach to data analytics that allows managers to crunch vast amounts of data in order to support fiscally prudent ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Gordon Scott has been an active investor and ...

Kushal Agarwal is an expert analyst in energy and power sectors. He is currently a product manager at DSP Blackrock Mutual Fund. Pete Rathburn is a copy editor and fact-checker with expertise in ...

Important events sometimes occur with too little notice. Occasionally, even a monumental development can escape adequate attention. An example of this occurred on Jan. 9. That day saw a historic ...