Brown mathematicians prove new way to build a better estimate

From Physorg.com:

In new work published in the Proceedings of the National Academy of Sciences, Lawrence and Carvalho describe a new class of statistical estimators and prove four theorems concerning their properties. Their work shows that these “centroid” estimators allow for better statistical predictions – and, as a result, better ways to extract information from the immense data sets used in computational biology, information technology, banking and finance, medicine and engineering.

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