Risk aggregation and dependence structures constitute a fundamental aspect of modern statistical research, particularly in the realms of finance, insurance and risk management. This field addresses ...

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Every day, consumers and their health care providers make decisions about medications, diagnostic tests and other medical interventions based on risk statistics. And according to the findings of an ...

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TheRisk Store and the Investmentand Financial Services Association(IFSA) are both in the process of compiling the first set of comprehensive statistics regarding the total amount of retail risk ...

When we read that 50% of people believe this or 75% of people are worried about that, it provides a level of reassurance as to the validity of what we are reading. Big percentages make us feel ...

Key points Statistics are often widely misunderstood, leaving people at risk of manipulation. Context matters. Statistics without context have reduced value, but are perceived in absolutes. Big ...