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  1. What is financial mathematics?

    ... I was interested in making good decisions in the face of uncertainty. Mathematicians have been interested in the topic of ... can read more about probability and its development on the Understanding Uncertainty site , and the Plus article Measure for ...

    plusadmin - 12 Jun 2015 - 17:15 - 22 comments

  2. Celebrate chance, coincidence and unlikelihood this Friday – Huntrodd's Day!

    ... David Spiegelhalter OBE , Winton Professor of the Public Understanding of Risk and friend of Plus , was surprised. So surprised that ... coincidence in Spiegelhalter's Plus column or the Understanding Uncertainty site. ...

    Rachel - 29 Sep 2014 - 15:09 - 0 comments

  3. Measuring catastrophic risk

    ... By  Shane Latchman The notion of uncertainty In the early 19th century, the French mathematician ... epistemikos , meaning knowledge, stems from a lack of understanding of the true behaviour of a process. In catastrophe models, ...

    mf344 - 11 Jul 2011 - 14:32 - 1 comment

  4. News from the world of maths: Shine a light on dodgy stats

    ... As David Spiegelhalter, Professor for the Public Understanding of Risk at the University of Cambridge, writes on his website Understanding Uncertainty , the studies suffer from three major flaws: poor data, ...

    plusadmin - 19 Aug 2010 - 19:24 - 0 comments

  5. 'An accidental statistician'

    ... surfaces , with Norman Hunter (1987). It expresses a key understanding behind statistical modelling — and it applies to broader ... Kevin is an occasional contributor to the Understanding Uncertainty website . ISBN:  978-1118400883 ...

    mf344 - 20 Apr 2015 - 14:58 - 1 comment

  6. News from the world of maths: Not so fantasy football

    ... consulting a statistician than a football expert. On his Understanding Uncertainty website self-confessed football un-enthusiast David Spiegelhalter ...

    plusadmin - 6 Apr 2010 - 14:44 - 0 comments

  7. Paying the price

    ... to take the more scientific approach needed for a deeper understanding of financial risks, when they were so easily bewitched by ... lenders to sell the loans on for a fixed price (removing the uncertainty) to investment banks, who repackaged them as mortgage backed ...

    plusadmin - 12 Jun 2015 - 17:16 - 0 comments

  8. Plus Advent Calendar Door #2: A normal life

    ... at Plus and is responsible for the excellent website Understanding Uncertainty , as well as many other activities. Michael, journalist, author ...

    Rachel - 2 Dec 2014 - 10:23 - 0 comments

  9. Influenza virus: it's all in the packaging!

    ... 1918 pandemic is unclear and an interesting current topic). Understanding packaging is key to understanding reassortment. Let me count ... different segments. As a mathematician, I always found this uncertainty slightly puzzling, as the numbers immediately suggest random ...

    plusadmin - 11 Jun 2015 - 16:18 - 0 comments

  10. News from the world of maths: We're doomed, say scientists

    ... killers like stroke and heart disease. In his Understanding Uncertainty blog David Spiegelhalter traces the story back to a paper in ...

    plusadmin - 19 Aug 2010 - 19:24 - 0 comments