The beauty of Statistics is that if you can take a large enough group of people, you can predict really well what the outcome will be overall Our research works across the fields of probability, ...

The law of large numbers employs probability theory to estimate the frequency of certain events with reasonable accuracy; the larger the number (or population), the greater the accuracy. Collective ...

The business of risk management and insurance encompasses millions of decisions, strategies, analyses, probability outcomes, the entire range of geography, all commerce, undersea to stratosphere, ...