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 ...

Thomas Bayes and Pierre-Simon Laplace were two pioneers in the world of probability theory. Bayes developed Bayesian Probability, Bayesian Reasoning, and the Bayes’ Theorem, and Laplace is often ...

Take two events A and B. For example, let A be the event “Receive a score of 95% on the econometrics exam” and let B be the event “Study econometrics 12 hours a day”. We might be interested in the ...

Bayes Theorem is a method of calculating conditional probability. The traditional method of calculating conditional probability (the probability that one event occurs given the occurrence of a ...

The purpose of this paper is to establish, paralleling a well-known result for definite integrals, the conditional convergence of a family of trigonometric sine series. The fundamental idea is to ...