R package, implementing a three steps variable selection procedure based on random forests. Initially developed to handle high dimensional data (for which number of variables largely exceeds number of ...

Finding π using random numbers and probability. This short demonstrates a Monte Carlo approach, showing how randomness and statistics can converge to an accurate estimate of pi through repeated trials ...

Stochastic volatility is the unpredictable nature of asset price volatility over time. It's a flexible alternative to the Black Scholes' constant volatility assumption.