In school, we are trained to think that math problems always have one correct answer. But this is not necessarily true for problems dealing with probability, if the method used to reach the described ...

Nov. 3 -- Probability and risk increasingly permeate our lives. Like it or not, we must be able to assess the threats and opportunities that face us. Here's a random sampling of half a dozen ...

Sign up for The Media Today, CJR’s daily newsletter. A study by the Massachusetts Institute of Technology’s Joint Program on the Science and Policy of Global ...

Characterization problems in free probability are studied here. Using subordination of free additive and free multiplicative convolutions, we generalize some known characterizations in free ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...

Author Nassim Nicholas Taleb discusses his theory about events he calls "Black Swans" — occurrences that seems to be totally impossible. In his new book, The Black Swan: The Impact of the Highly ...