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 ...

Bayes' Theorem: What It Is, Formula, and Examples

Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it step by step, and see real-world examples.
Seeking Alpha

What Statistics and Probability Say About Expectations After Multiple Down Days

Measurement shows that almost one-half of all market days are down days and slightly more are up days, but close enough to think of it as 50/50. Just as the probability of getting a long string of ...
Queen Mary University of London

Probability, Statistics and Data Science PhD Project

The Centre for Probability, Statistics and Data Science covers three broadly overlapping main areas of research: probability, statistics and data science. Probability theory is a core topic within ...