Work with thought leaders and academic experts in statistics probability

Companies can greatly benefit from working with experts in the field of Statistics and Probability. These professionals can provide valuable insights and analysis to enhance decision-making processes, optimize business operations, and improve overall performance. By leveraging their expertise, companies can gain a competitive edge, identify trends and patterns, mitigate risks, and make data-driven decisions. Whether it's developing predictive models, conducting statistical analysis, or designing experiments, collaborating with a Statistics and Probability expert can lead to improved efficiency, increased accuracy, and better strategic planning. With their advanced knowledge and skills, these researchers can help companies unlock the full potential of their data and drive innovation.

Experts on NotedSource with backgrounds in statistics probability include Tyler Ransom, Edoardo Airoldi, Jeffrey Townsend, Ping Luo, Athul Prasad, Anindya Ghose, Tim Leung, Lea-Rachel Kosnik, Panos Ipeirotis, Robert Gitter, Ph.D., Christophe Schinckus, Marian Rizov, Ernesto Lowy, and John Joe.

Lea-Rachel Kosnik

Professor of Economics, University of Missouri-St. Louis, a leading expert on hydropower regulation in the U.S., and other energy and environmental issues
Most Relevant Research Interests
Other Research Interests (42)
Environmental Economics
Energy Economics
Environmental Justice
Text/Content Analysis
Public & Regulatory Economics
And 37 more
Lea-Rachel Kosnik is a Professor of Economics at the University of Missouri-St. Louis. She received her BA and MA from the University of Michigan, Ann Arbor, and her PhD from the University of California, Los Angeles. Her research focuses on renewable energy and climate change, and she is considered a leading expert on the topic of hydroelectric energy generation in the U.S., and hydropower regulation by the Federal Energy Regulatory Commission. In recent years her research has expanded to include analyses of the academic economics profession itself, including with a focus on gender issues and DEI initiatives. Methodologically, her skill set includes textual analysis and natural language processing, along with traditional econometric techniques. In 2016 she received an honorable mention for article of the year from *Contemporary Economic Policy*, and in 2022 she gave the keynote address to the Illinois Economics Association. Dr. Kosnik is perhaps best known (in a service capacity) as the Association of Environmental and Resource Economist’s (AERE’s) Midwest representative, annually organizing the full track of AERE-sponsored environmental sessions at the Midwest Economic Association meetings. Dr. Kosnik has also served as President, Past-President, and Board Member of the Transportation and Public Utilities Group (TPUG), and as a Department Chair.

Example statistics probability projects

How can companies collaborate more effectively with researchers, experts, and thought leaders to make progress on statistics probability?

Optimizing Marketing Campaigns

A Statistics and Probability expert can analyze marketing data to identify the most effective strategies, target the right audience, and optimize marketing campaigns. By leveraging statistical models and techniques, companies can improve customer segmentation, personalize marketing messages, and maximize return on investment.

Forecasting Demand

Accurate demand forecasting is crucial for inventory management and production planning. A Statistics and Probability researcher can develop forecasting models based on historical data, market trends, and external factors. This can help companies optimize inventory levels, reduce costs, and meet customer demand more efficiently.

Risk Assessment and Management

Companies face various risks, such as financial risks, operational risks, and market risks. Statistics and Probability experts can analyze data, identify potential risks, and develop risk management strategies. By quantifying and mitigating risks, companies can make informed decisions, protect their assets, and ensure long-term sustainability.

Quality Control and Process Improvement

Statistics and Probability researchers can help companies improve product quality and optimize manufacturing processes. By analyzing data from production lines, they can identify bottlenecks, detect defects, and implement statistical process control techniques. This can lead to reduced waste, increased efficiency, and enhanced customer satisfaction.

Fraud Detection and Prevention

Fraudulent activities can have a significant impact on businesses. Statistics and Probability experts can develop algorithms and models to detect anomalies, identify potential fraud patterns, and implement fraud prevention measures. By leveraging advanced statistical techniques, companies can minimize financial losses and protect their assets.