Probability theory constitutes the mathematical framework for quantifying uncertainty and analysing random phenomena. Its foundations lie in measure theory, where a probability space is defined as a ...

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

“Many people don't realize that there are math questions that we don't know how to answer,” says mathematician Melanie Matchett Wood of Harvard University and the Radcliffe Institute for Advanced ...