Explain why probability is important to statistics and data science. See the relationship between conditional and independent events in a statistical experiment. Calculate the expectation and variance ...

This course builds a rigorous foundation of probability. Topics covered include: basic concepts of probability theory and statistics, counting, axioms of probability, independence, Bayes rule, ...

An innovative method for estimating extreme quantiles of multiple random variables was developed at the LSE in collaboration with investment bank Barclays. Its application to the management of the ...