Fred James (1939 – 2026) — Fred James, CERN’s renowned expert on data analysis and statistics, pioneer of numerical methods, and co-author of the popular book Statistical Methods in Experimental Physics, sadly passed away on 31 July.  Fred was born in Detroit, USA, on 28 May 1939, and graduated in 1960 from Princeton University with a degree in physics. […]
Scientific Reports, Published online: 29 June 2026; doi:10.1038/s41598-026-57513-2 A novel three parameters extended weibull distribution with application using engineering data
Monte Carlo (MC) simulation provides us with a very powerful tool for solving all sorts of problems. In classical econometrics, we can use it to explore the properties of the estimators and tests that we use. More specifically, MC methods enable us to mimic (computationally) the sampling distributions of estimators and test statistics in situations that are of interest to us. In Bayesian economet…
