Statistical modeling continues to deliver distinct value to businesses both independent of, and in concert with, machine learning.

Statistical modeling, a simplified, mathematically formalized way to approximate reality and then make predictions based on that approximation, has been around in some form since the 1970s, but it is ...

In statistical-based modeling there is always an element that validates the output before using it – comparing the models’ performance with a previous well-performing portfolio.

Throughout the paper the emphasis is more on modeling than on statistical inference. The aim of Statistical Science is to present the full range of contemporary statistical thought at a technical ...

The topic of this paper is spatio-temporal statistical modeling of (log) nitrate concentration in the upper North Bosque watershed, which is a region of concentrated dairy operations. A model is ...

Evolutionary divergence of humans and chimpanzees likely occurred some 8 million years ago rather than the 5 million year estimate widely accepted by scientists, a new statistical model suggests.