Probability underlies much of the modern world – an engineering professor explains how it actually works

Probability underpins AI, cryptography and statistics. However, as the philosopher Bertrand Russell said, “Probability is the ...
CU Boulder News & Events

Probability and Statistics

Research of the probability and statistics group includes particle systems, theoretical statistics, non-conventional random walks, random matrix theory, and random polynomials. Research interests also ...
Investopedia

Understanding Prior Probability in Bayesian Statistics

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
The Atlantic

5 Statistics Problems That Will Change The Way You See The World

MORE FROM BUSINESS INSIDER: Sinofsky's Farewell Memo to Microsoft Why Mobile Commerce Is Set to Explode The S&P's Last Gasp Even a rudimentary look at probability can give new insights about how to ...
Good e-Reader

Best Ebooks That Break Down Probability and Statistical Thinking for Beginners

Understanding numbers isn’t just for scientists or students. It’s a skill that helps you make smarter choices in your everyday life. Whether you’re calculating the odds of something happening, ...
Psychology Today

The Promise & Problems of Probability in Coincidence Studies

Source: Thunder Bay, Canada. Used with permission of Dan Hunt, MD. Coincidences attract our attention because they seem weird, odd, or unlikely. Their improbability stimulates wonder—“what are the ...
Michigan Technological University

Statistics and Probability

Statistics is the science of analyzing data; the use of statistics is ubiquitous in science, engineering, medicine and epidemiology, marketing, and many other application areas. Probability theory ...