Learn how prior probability informs economic theory and decision-making in Bayesian statistics. Understand its role before collecting new data.

The Graduate College has created videos to support our graduate students, providing quick answers to questions at any time – day or night. Visit our events page for upcoming stats workshops. The ...

This study examined the relationship between the Monetary Policy Rate (MPR) and inflation across five continents from 2014 to 2023 using both Frequentist and Bayesian Linear Mixed Models (LMM). It ...

With the broader economy under stress, it’s natural to be pensive about card payment services provider Visa ($V). After all, ...