Probability theory forms the mathematical backbone for quantifying uncertainty and random events, providing a rigorous language with which to describe both everyday phenomena and complex scientific ...

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

Former Vice President Harris calls Limón “a leader among so many people who deserve to be seen and heard’ at Friday’s swearing-in ceremony at Santa Barbara Junior High’s Marjorie Luke Theatre.