Life rarely hands us neat examples, though. Events mix, overlap, depend on past outcomes and human behaviour. That’s where ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past, or is happening now outside our immediate experience. Uncertainty has been called the ...

Most humans don’t have a natural facility with probability. It’s not intuitive, like the ability to walk or talk. Learning the mechanics of chance takes time, but is less essential than, say, reading, ...

This article discusses the contribution of counting statistics to the uncertainty in identifying the net peak area, and in controlling detection limits. The method is applicable to spectrometers that ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...