racingpost.com
Peter Thomas attempts to separate baseless superstition from winning systems
artifact-research.com
The point we want to convey is that the expected return is only valid for one period or a single “iteration” (say, one year, or one round of a game such as Blackjack), but that the expected return can be highly misleading for more long-term investments that involve continuous re-investing, i.e. compound interest.
medium.com
In 1976, Robert C. Merton introduced the jump-diffusion model to the world of financial mathematics. Jump diffusion is a mixture model, it incorporates a jump process and a diffusion process.
quantinsti.com
The hierarchical structure of a decision tree leads us to the final outcome by traversing through the nodes of the tree. Each node consists of an attribute or feature which is further split into more nodes as we move down the tree. But how do we decide: - Which attribute/feature should be placed at the root node? - Which features will act as internal nodes or leaf nodes? To decide this, and how to split the tree, we use splitting measures like Gini Index
quantamagazine.org
Inspired by the results of a game-playing neural network, mathematicians have been making unexpected advances on an age-old math problem.
