Learn how prior probability informs economic theory and decision-making in Bayesian statistics. Understand its role before collecting new data.

The project, previously in the works at HBO Max, will be produced by Warner Bros. Television and Alloy Entertainment.

After pausing for nine months, the U.S. Federal Reserve resumed cutting interest rates on 17 September 2025. The recession forecasting method we've used to monitor the odds of a recession starting in ...

Traders, how are we? I hope you’re ready because I’m going to share with you all of my trade ideas this week, including entry levels and how I use price action to find these high probability trades.

Abstract: In group decision making, it is inevitable that the individual decision maker’s subjectivity is involved, which causes difficulty in reaching a group decision. One of the difficulties is to ...

The mathematician Daniel Litt has driven social media users to distraction with a series of simple-seeming but counterintuitive probability puzzles. In late January, Daniel Litt posed an innocent ...

When is it appropriate to completely reinvent the wheel? To an outsider, that seems to happen a lot in category theory, and probability theory isn’t spared from this treatment. We’ve had a useful ...

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 ...