Thompson Sampling is an algorithm that can be used to analyze multi-armed bandit problems. Imagine you're in a casino standing in front of three slot machines. You have 10 free plays. Each machine ...

It is believed that new types of computing machines will be constructed to exploit quantum mechanics for an exponential speed advantage in solving certain problems compared with classical computers 9.

Sampling is a technique in which samples are drawn at random (without any favor or bias). For this, suitable measures or procedures may be laid down and adopted according to the nature and ...

Consumers love free samples. And while retailers and manufacturers recognize sampling as an important marketing strategy, until now few understood sampling’s effectiveness. PromoWorks commissioned an ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

D2C brands can drive trials of their products in the form of Rs 200-500 worth trial packs, subscription boxes, and purchase freebies. In a pre-COVID world, it was perfectly normal to sample a new ...