This work examines in depth the methodological relationships that probability and statistics have maintained with the … different paradigms and axioms for probability, from their emergence in the seventeenth century up to the most recent … developments of the three major concepts: objective, subjective and logicist probability. It shows the statistical inference they …

reduction in energy consumption causes violation of service level agreement (SLA). In this article, the concept of probability … probability-based migration scheme achieves energy-performance trade-off whereas the VM placement method shows a very high gain in …

Teaching probability can be challenging because the mathematical formulas often are too abstract and complex for the … example, the game of roulette can be an exciting application for teaching probability concepts. In this paper, we implement a … to gain better insights into the corresponding probability structures. We use the model to simulate a particular betting …

In terms of risk measurement, probability and quantile risk estimation have developed enormously in the past decade … their risk profile accounting for losses (quantiles) at a given likelihood (probability) and a given time frame (holding … series to model the tail returns, allowing them to examine low-probability (out-of-sample) events for single-period horizons …

is expressed as probability of exceedance of continuous streamflow amounts. An exceedance probability forecast is … this generic approach to making an exceedance probability forecast can be used on any predictors and predictands. …

Recent psychological research has investigated how people assess the probability of an indicative conditional. Most … people give the conditional probability of q given p as the probability of if p then q. Asking about the probability of an …