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

Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for ...

Probability theorem gets quantum makeoverWhat would Thomas Bayes think? In 1763, he proposed a new approach to calculate ...

I HAVE recently 1 been investigating certain probability distributions arising from points possessing one of k colours or characters arranged on a line or in the form of a rectangular lattice. In ...

The probability and possibility theories are two particular cases of the more general theory of evidence, and probability distribution and possibility distribution (PD) are two different, though ...

At the time of the announcement in January, the asteroid’s impact probability was reported to exceed 1%. The impact probability describes how likely a hazardous asteroid is to hit Earth.

Our weekly simulation for U.S. Treasury yields and spreads. Read the latest update in the article series here.

The distribution of channel gain difference (CGD) is important for maximizing system capacity and implementing user cooperation. However, its analysis in visible light communication has not been ...

What’s the Main Purpose of the Odds Calculator? Our free odds calculator is the quickest and most reliable way to calculate the odds of a bet and obtain the implied probability.

The bet calculator allows you to input your stake & odds in American formats to quickly calculate the payout for your bets.