Simulating Monty Hall’s Problem

September 30, 2025 | Jason Bryer

I find that when teaching statistics (and probability) it is often helpful to simulate data first in order to get an understanding of the problem. The Monty Hall problem recently came up in a class so I implemented a function to play the game. Th... [Read more...]

Plotting Distributions in R

September 29, 2025 | Jason Bryer

When working with distributions in R, each distribution has four functions, namely: dXXX - density function. rXXX - generate random number from this distribution. pXXX - returns the area to the left of the given value. qXXX - returns the quantil...
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Uncertainty Analysis: Gold vs. Bitcoin

September 29, 2025 | Selcuk Disci

Deutsche Bank Research Institute stated in its published report that Bitcoin has undergone a process similar to what gold experienced over the past 100 years. According to the report, Bitcoin’s increasing adoption and reduced volatility may transform it into a reserve asset that central banks could hold by 2030. The uncertainty ...
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August 2025 Top 40 New CRAN Packages

September 28, 2025 | Joseph Rickert

Causal Inference gadjid v0.1.0: Enables efficient Rust implementations of graph adjustment identification distances available in R. These distances (based on ancestor, optimal, and parent adjustment) count how often the respective adjustment ...
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Global Modeling with XGBoost: Gold vs. Silver

September 24, 2025 | Selcuk Disci

China aims to increase its influence in the global bullion market by directing friendly countries to store their gold reserves within its borders. This move is part of Beijing’s efforts to reduce its reliance on the dollar and promote the global use of the yuan. Goldman Sachs predicts that ...
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