William James famously wrote, “Everyone knows what attention is”. Yet cognitive scientists are still struggling to come up with a clear definition of attention. The same might be said of confidence.

Local likelihood estimation has proven to be an effective method for obtaining estimates of parameters that vary with a covariate. To obtain useful estimates of such parameters, approximating models ...

Learn to apply Bayes' theorem in financial forecasting for insightful, updated predictions. Enhance decision-making with ...