Here are four takeaways from Monday’s tentative new classifications.

The Lagrange Multiplier (LM) test is one of the principal tools to detect ARCH and GARCH effects in financial data analysis. However, when the underlying data are non-normal, which is often the case ...

In this chapter we look at density estimation problems with Gaussian prior factors. We begin with a discussion of functional priors which are Gaussian in probabilities or in log-probabilities, and ...