MIT Technology Review

LLMs contain a LOT of parameters. But what’s a parameter?

Think back to middle school algebra, like 2 a + b. Those letters are parameters: Assign them values and you get a result. In ...

Markov Chains : The Strange Math That Predicts Almost Anything

Discover how Markov chains predict real systems, from Ulam and von Neumann’s Monte Carlo to PageRank, so you can grasp ...

Price Leadership Explained: Types, How It Works & Key Examples

Discover the concept of price leadership, its impact on market pricing, and explore the three primary types: barometric, ...
Investopedia

Nonparametric Statistics Explained: Types, Uses, and Examples

Mitchell Grant is a self-taught investor with over 5 years of experience as a financial trader. He is a financial content strategist and creative content editor. Timothy Li is a consultant, accountant ...
Baseball Prospectus

PECOTA Projections

PECOTA, which stands for Player Empirical Comparison and Optimization Test Algorithm, is BP’s proprietary system that projects player and team performance PECOTA is a system that takes a player’s past ...