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

The beauty of Statistics is that if you can take a large enough group of people, you can predict really well what the outcome will be overall Our research works across the fields of probability, ...

Operational risk is one of the influential risks identified by banking practitioners, and as the international banking supervisor, the Basel Committee on Banking Supervision has paid special attention ...

Research of the probability and statistics group includes particle systems, theoretical statistics, non-conventional random walks, random matrix theory, and random polynomials. Research interests also ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...