It is certain that this bus will either be late or not late, which is a probability of 1 The missing value of a probability can be worked out by subtracting the known probabilities from 1 (100% when ...

The attempt to calculate a null probability for a given degree of matching among a set of phylogenetic area cladograms (or between a cladogram representing a geographic hypothesis and a set of ...

Difficult endgame decisions in Pineapple Open Face Chinese (POFC) are quite common, and it can be quite a challenge to choose the play that offers the highest expected value. The most difficult aspect ...

Venn diagrams are used to sort sets of data. The probability of an event not happening uses the complement of the region on the Venn diagram. Count the number of elements in each region. Redraw the ...

The Mathematical Gazette is the original journal of the Mathematical Association and it is now over a century old. Its readership is a mixture of school teachers, college and university lecturers, ...

As speculation mounts about when the Federal Reserve will alter its target for the federal funds rate, its primary tool for steering the economy these days, trading in financial futures markets offer ...

Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. Robert Kelly is managing director of XTS Energy LLC ...

In the last installment we discussed combinations and how they may be used to calculate probabilities in Pineapple Open Face Chinese (POFC). Most notably these probabilities are useful when making ...