Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
First, we need to estimate the pre-test probability that asymptomatic Massachusetts residents have Covid-19. We know that in the state approximately 2% of all tests for SARS-CoV-2, the virus that ...
Recently Fox has suggested and evaluated several non-Bayesian rules for the problem of the two-armed bandit. In this paper several Bayesian rules for this problem are compared with the best of Fox's ...
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