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The year was 1945. Two earthshaking events took place: the successful test at Alamogordo and the building of the first electronic computer. Their combined impact was to modify qualitatively the nature of global interactions between Russia and the West. No less perturbative were the changes wrought in all of academic research and in applied science. On a less grand scale these events brought about a [renaissance] of a mathematical technique known to the old guard as statistical sampling; in its new surroundings and owing to its nature, there was no denying its new name of the Monte Carlo method (PDF). -N. Metropolis
Conceptually talked about on MeFi previously, some basic Monte Carlo methods include the Inverse Transform Method (PDF) mentioned in the quoted paper, Acceptance-Rejection Sampling (PDFs 1,2), and integration with and without importance sampling (PDF).
posted by JoeXIII007 on Dec 17, 2011 - 13 comments

An "Exciting Guide to Probability Distributions" from the University of Oxford: part 1, part 2. (Two links to PDFs)
posted by JoeXIII007 on Dec 15, 2011 - 17 comments

"So, if the probability of finding an egg with two yolks is 1/1000 - then to find the likelihood of discovering four in a row you simply multiply the probabilities together four times. One thousand to the power of four brings us to the grand total of one trillion...

If true that would mean the event that occurred in Jen's kitchen was a trillion-to-one event. But is it true? No is the short answer."

posted by Petrot on Dec 10, 2011 - 38 comments

In the recent MIT symposium "Brains, Minds and Machines," Chomsky criticized the use of purely statistical methods to understand linguistic behavior. Google's Director of Research, Peter Norvig responds. (via) [more inside]
posted by nangar on May 28, 2011 - 95 comments

Measure-theoretic probability: Why it should be learnt and how to get started. The clickable chart of distribution relationships. Just two of the interesting and informative probability resources I've learned about, along with countless other tidbits of information, from statistician John D. Cook's blog and his probability fact-of-the-day Twitter feed ProbFact. John also has daily tip and fact Twitter feeds for Windows keyboard shortcuts, regular expressions, TeX and LaTeX, algebra and number theory, topology and geometry, real and complex analysis, and beginning tomorrow, computer science and statistics.
posted by grouse on Dec 5, 2010 - 17 comments

A brief tour of the mysteriously universal laws of mathematics and nature. [more inside]
posted by kliuless on Oct 24, 2010 - 33 comments

THE FOURTH QUADRANT: A MAP OF THE LIMITS OF STATISTICS by Nassim Nicholas Taleb. "In the following Edge original essay, Taleb continues his examination of Black Swans, the highly improbable and unpredictable events that have massive impact. He claims that those who are putting society at risk are "no true statisticians", merely people using statistics either without understanding them, or in a self-serving manner.
posted by vronsky on Sep 16, 2008 - 41 comments

Experts can suck at predicting the future. Their intuitive sense of probability is no more developed than lay-people's. A classic experiment is to present two indistinguishable choices are presented, but with unequal probability of reward. Humans look for complex patterns, which don't exist, and preform quite poorly. Rats quickly recognize the choice with higher probability, and preform optimally.
posted by jeffburdges on Dec 11, 2005 - 34 comments

Incredible -- but true coincidences are fascinating, and pleasing, to the psyche. I tend to agree with John Littlewood (a University of Cambridge mathematician) that "...in the course of any normal person's life, miracles happen at a rate of roughly one per month." In other words, statistically speaking, unusual coincidences are to be expected in a world teeming with billions of humans. Still, I find such coincidences stangely inspiring. More can be found here.
posted by ember on Jul 7, 2005 - 97 comments

The Logic of Diversity "A new book, The Wisdom of Crowds [..:] by The New Yorker columnist James Surowiecki, has recently popularized the idea that groups can, in some ways, be smarter than their members, which is superficially similar to Page's results. While Surowiecki gives many examples of what one might call collective cognition, where groups out-perform isolated individuals, he really has only one explanation for this phenomenon, based on one of his examples: jelly beans [...] averaging together many independent, unbiased guesses gives a result that is probably closer to the truth than any one guess. While true — it's the central limit theorem of statistics — it's far from being the only way in which diversity can be beneficial in problem solving." (Three-Toed Sloth)
posted by kliuless on Jun 20, 2005 - 6 comments

Expect a miracle? Freeman Dyson on Littlewood's Law of Miracles: "...the total number of events that happen to us is about thirty thousand per day, or about a million per month. ...The chance of a miracle is about one per million events. Therefore we should expect about one miracle to happen, on the average, every month." From his review of book debunking the paranormal (whose views he isn't entirely willing to accept). Via Marginal Revolution
posted by Jos Bleau on Jul 14, 2004 - 33 comments

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