Recent content by Bob Anger

I agree but it seems that randomization is somewhat inevitable to solve this type of problems. When I first read the paper, I thought that the probability calculation assuming correlations should give an 'exact' value as under the Binomial considering IID and no correlation, not a MC...

Hi, Indeed, the topic is interesting. I finally emailed Professor Lo and one of his assistants kindly sent me 2 published documents related to another study conducted in 2013-2014 on Alzheimer's disease (AD). I believe the methodology used is quite the same as the one followed in the Cancer...

Thank you very much for your help, will take a close look at it. Cheers

Yes, the paper’s name is ‘Can Financial Economics Cure Cancer?’ by Professor Andrew W. Lo from MIT

Hi all, I need your help regarding a probability problem for which I couldn’t find an answer. The topic has been presented by a finance Professor at MIT in a paper published a few years ago. Here is the problem: A medical experiment, seeking the development of a new medical drug, has a...