Benford’s Law Posted on Benford’s Law states that in the numerical datasets of decimal format, the leading digit of any number is much more likely to be a 1.
[Python] Catalan Numbers Posted on Catalan numbers are a sequence of natural numbers with applications in many counting problems and combinatorial mathematics.
Shakespeare’s Nightmare: Monkeys on Typewriters Posted on Will infinite monkeys randomly pushing buttons on infinite typewriters create all of Shakespeare’s books? That is the question.
The Law of Large Numbers Posted on Law of Large Numbers (LLN) states that as the number of observations of an event increases, the observed probability approaches to the expected value.
Monte Carlo Simulation Posted on Monte Carlo simulation refers to a bewildering range of techniques to make estimations of some unknown parameters by repeatedly sampling the input data.
