How likely you think something is to happen depends on what you already believe about the circumstances. That is the simple ...

I was preparing for my early morning class back in January 2025 when I received a notice regarding an asteroid called 2024 YR4. It said the probability it could hit Earth was unusually high. As ...

It’s important in trading to have a good understanding of probability, or at least not have misconceptions about probability. While the Forex market and other financial markets move based on supply ...

Weather patterns, brain activity and heartbeats each generate lines of complex data. To analyze this data, researchers must first divide up this continuous data into discrete pieces -- a task ...

Financial crisis: Calculating the probability of extreme events Date: September 30, 2011 Source: Ruhr-Universitaet-Bochum Summary: It had to happen: the property bubble burst and the global ...

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Toshi Hirabayashi, Georgia Institute of Technology (THE CONVERSATION) I was preparing ...