Source: Thunder Bay, Canada. Used with permission of Dan Hunt, MD. Coincidences attract our attention because they seem weird, odd, or unlikely. Their improbability stimulates wonder—“what are the ...

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 ...

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 ...

The problem Litt posted was: 'Suppose you have a urn containing 100 balls, n of which are red and 100-n are green, where n is uniformly distributed between 0 and 100. You randomly draw a ball from the ...

Probability Distribution Notes: Probability is a fundamental aspect of mathematics that helps us understand and quantify uncertainty. Mastery of this subject is essential for students, as it has ...

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 ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...

The Monty Hall Problem is a famous probability problem named for the original host of “Let’s Make A Deal." The controversy began in 1990 when Marilyn vos Savant posed the question in her column. The ...