It's been a long time since I scraped through my probability and stats class in college... There is a time-killing dice game a friend (seems to have) invented: You start with a pool 10 6-sided ...

A common question that arises when considering the results from a well-designed sampling programme for a rare or invasive species is: 'Sampling has failed to detect a species that could have been ...

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 ...