Stochastic dynamical systems arise in many scientific fields, such as asset prices in financial markets, neural activity in the brain, or the spread of infectious diseases. Petar Jovanovski's Ph.D.

Probability underpins AI, cryptography and statistics. However, as the philosopher Bertrand Russell said, “Probability is the most important concept in modern science, especially as nobody has the ...

Brownian motion describes the random movement of particles in fluids, however, this revolutionary model only works when a fluid is static, or at equilibrium. In real-life, fluids often contain ...

Randomness is powerful. Think about a presidential poll: A random sample of just 400 people in the United States can accurately estimate Clinton's and Trump's support to within 5 percent (with 95 ...