A new class of variable-structure (VS) algorithms for multiple-model (MM) estimation is presented, referred to as expected-mode augmentation (EMA). In the EMA approach, the original set of models is ...

Discover what salvage value means, how it's calculated, and see examples of its role in depreciation schedules to better manage your financial assets.

Random Forests variable importance measures are often used to rank variables by their relevance to a classification problem and subsequently reduce the number of model inputs in high-dimensional data ...

Learn what positive expected value (+EV) means in sports betting. Discover how to calculate EV, find profitable betting opportunities, and use +EV strategies to beat the sportsbooks long-term.