Long before statistical whiz Nate Silver predicted the outcome of the 2012 presidential election and "Moneyball" became a household word, structural engineers employed the Monte Carlo method of ...

The design and construction of capital projects can be extremely complex. Uncertainty and risk add to this complexity and, as a result, many projects experience significant cost overruns and schedule ...

Journal of Applied Probability and Advances in Applied Probability have for four decades provided a forum for original research and reviews in applied probability, mapping the development of ...

COLUMBUS, Ohio--(BUSINESS WIRE)--GenomeNext, LLC, a leader in genomic data management and integrated analysis, announced today the launch of its innovative SaaS developed to deliver to the market a ...