Explores risk evaluation, equivalent value, and insurance premium in lotteries, as well as discount rate adjustments.
Explores risk assessment in finance, income estimation, diversification, and investment decision-making processes.
Covers fundamental concepts in probability and statistics, emphasizing data analysis techniques and statistical modeling.
Covers binary classification, hypothesis testing, likelihood ratio tests, and decision rules.
Explores dependence, correlation, and conditional expectations in probability and statistics, highlighting their significance and limitations.
