Insurance pricing is the process of determining the premiums that policyholders pay in exchange for insurance coverage. In order to estimate premiums, actuaries use statistical based methods, assessing various factors such as the probability of certain events occurring (like accidents or...

This paper addresses the steep learning curve in Machine Learning faced by non-computer scientists, particularly social scientists, stemming from the absence of a primer on its fundamental principles. I adopt a pedagogical strategy inspired by the adage ”once you understand OLS, you can work...

In this study, we compare the performance of stochastic processes, namely, the Vasicek, Cox-Ingersoll-Ross (CIR), and geometric Brownian motion (GBM) models, with that of machine learning algorithms, such as Random Forest, Support Vector Machine (SVM), and k-Nearest Neighbors (KNN), for...

Machine intelligence has the potential to play a significant role in diagnosing, managing, and guiding the treatment of disease, which supports the rising demands on healthcare to provide rapid and accurate interpretation of clinical data. The global pandemic caused by the Severe Acute...

A distributed machine learning technique called federated learning allows numerous Internet of Things (IoT) edge devices to work together to train a model without sharing their raw data. Internet of Vehicular Things (IoVT) are an important tool in smart cities for moving objects, such as knowing...