The rich get richer or success breeds success effect, also called Matthew’s principle from the parable of the Talents in Matthiew 25:14-30), has been invoked many times in the sociology of science to ...

This column is the fourth in a series on parameter estimation, leading up to the justly famous Kalman filter. The discipline is based on the fact that our knowledge of the state of any real-world ...

The art and science of modeling returns of financial assets is forever unsatisfying because no one model fully captures the true behavior of asset performances. The one-year distribution, in short, ...

Caroline Banton has 6+ years of experience as a writer of business and finance articles. She also writes biographies for Story Terrace. Carl Friedrich Gauss was a child prodigy and a brilliant ...

A bell curve is a graph used to visualize the distribution of a set of chosen values across a specified group that tend to have central, normal values that peak, with low and high extremes tapering ...