Most chatter about AI in other than research and academic institutions is about Machine Learning (ML) and various forms of neural nets and deep learning. Natural Language (speech recognition, language ...

We live in a world where a lot of things seem to happen by pure chance, from winning the Lotto to losing your car keys. But the truth is, the likelihood of many everyday things happening is heavily ...

In my practice, I find most people involved with advanced analytics, such as predictive, data science, and ML, are familiar with the name Bayes, and can even reproduce the simple theorem below. Still, ...

The aggregate loss, S, is the sum of the individual claim sizes, ie, S=∑i=1KXi for K>0, and S=0 for K=0. The distributions of K and Xi are termed the primary distribution and the secondary ...