How to Correctly Estimate the Weight of an Ox

Sir Francis Galton (born 1828) was posed with the exact same challenge when a county fair came to town. He and all the other fair attendees were given the opportunity to win a prize by correctly estimating the weight of an ox.

Monte Carlo or Bust?

This technique of running many simulations is known as the Monte Carlo method, a category of modelling techniques that has and is gaining currency in many different areas, particularly with increases in computational capability.

Modelling your financial product risk of contaminated products

In highly competitive industries, improved understanding of the financial exposure risk profile from being associated with contaminated products in the market is increasingly important. By using data organised in structured data sets and through the application of science-based mathematical models, Creme Global quantifies detailed risk profiles that can simplify risk management decisions and mitigate financial risk.

Using NLP To Find Relevant Research

For anyone working in a scientific discipline, staying up to date with the latest research is a part and parcel of the job. However, with the huge deluge of research being churned out, this isn’t such an easy task.