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 ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

What Is A Probability Density Function? A probability density function, also known as a bell curve, is a fundamental statistics concept, that describes the likelihood of a continuous random variable ...

Hillel Furstenberg, 84, and Gregory Margulis, 74, both retired professors, share the mathematics equivalent of a Nobel Prize. By Kenneth Chang Two mathematicians who showed how an underappreciated ...

There are 36 cards labeled with the numbers 1 through 36 and then placed face down on a table. If four cards are revealed one after the other, what is the probability that each card’s number is larger ...