Measurement shows that almost one-half of all market days are down days and slightly more are up days, but close enough to think of it as 50/50. Just as the probability of getting a long string of ...

On October 1, 2022, something strange happened in the Philippines: 433 people won the jackpot in the local lottery. In other ...

The Centre for Probability, Statistics and Data Science covers three broadly overlapping main areas of research: probability, statistics and data science. Probability theory is a core topic within ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Investopedia / Ellen Lindner Actuarial science uses mathematical and statistical techniques ...

In the 12th episode of Cosmos, which aired on December 14, 1980, the program’s co-creator and host Carl Sagan introduced television viewers to astronomer Frank Drake’s eponymous equation. Using it, he ...

1 The Arts and Humanities (AH) and Social Sciences (SS) perspectives are subsets of the Breadth of Knowledge (BOK) requirements in the Core Curriculum. No more than two BOK courses can be taken with ...

Robust statistical reasoning is vital in the courtroom, as historical cases have shown. Take, for example, the case of Sally ...