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math.PR Probability
- (
- Stochastic processes such as branching processes , and HMMs , etc) are used to model speciation and extinction (the Tree of Life), molecular evolution of molecular sequences, cell proliferation, and other things in biology. For example, see table of contents of `Branching Processes in Biology' by Kimmel and Axelrod.
- Here's a somewhat frivolous one (but one that casinos greatly care about): the number of times one needs to shuffle a deck before it truly randomizes.
- used in the world of finance, economics and gambling on a daily basis.
- Random number generation is a key component of many efficient algorithms, and also plays an important role in cryptography.
- Stochastic calculus is used to price options (Black-Scholes formula) and to hedge against risk. (Of course, it is not always applied wisely...)
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5
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math.PR Probability
- (branching processes, HMMs, etc) are used to model speciation and extinction, molecular evolution, cell proliferation, and other things in biology. For example, see table of contents of `Branching Processes in Biology' by Kimmel and Axelrod.
- Here's a somewhat frivolous one (but one that casinos greatly care about): the number of times one needs to shuffle a deck before it truly randomizes.
- used in the world of finance, economics and gambling on a daily basis. It
- Random number generation is used every time someone shuffles songs on their ipods, it's used every time someone plays a computer game, it's used every day by physicistskey component of many efficient algorithms, etcand also plays an important role in cryptography.
- Stochastic calculus is used to price options (Black-Scholes formula) and to hedge against risk. (Of course, it is not always applied wisely...)
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4
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math.PR Stochastic processesProbability
- (branching processes, HMMs, etc) are used to model speciation and extinction, molecular evolution, cell proliferation, and other things in biology. For example, see table of contents of `Branching Processes in Biology' by Kimmel and Axelrod.
- Here's a somewhat frivolous one (but one that casinos greatly care about): the number of times one needs to shuffle a deck before it truly randomizes.
- used in the world of finance, economics and gambling on a daily basis. It is used every time someone shuffles songs on their ipods, it's used every time someone plays a computer game, it's used every day by physicists, etc.
- Stochastic calculus is used to price options (Black-Scholes formula) and to hedge against risk. (Of course, it is not always applied wisely...)
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3
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math.PR Stochastic processes
- (branching processes, HMMs, etc) are used to model speciation and extinction, molecular evolution, cell proliferation, and other things in biology. For example, see table of contents of `Branching Processes in Biology' by Kimmel and Axelrod.
- Here's a somewhat frivolous one (but one that casinos greatly care about): the number of times one needs to shuffle a deck before it truly randomizes.
- used in the world of finance, economics and gambling on a daily basis. It is used every time someone shuffles songs on their ipods, it's used every time someone plays a computer game, it's used every day by physicists, etc.
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2
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math.PR Stochastic processes
- (branching processes, HMMs, etc) are used to model speciation and extinction, molecular evolution, cell proliferation, and other things in biology. For example, see table of contents of `Branching Processes in Biology' by Kimmel and Axelrod.
- Here's a somewhat frivolous one (but one that casinos greatly care about): the number of times one needs to shuffle a deck before it truly randomizes.
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1
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math.PR Stochastic processes (branching processes, HMMs, etc) are used to model speciation and extinction, molecular evolution, cell proliferation, and other things in biology. For example, see table of contents of `Branching Processes in Biology' by Kimmel and Axelrod.
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