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 ...

Monte Carlo Analysis for Investment Risk Assessment

Discover how Monte Carlo analysis helps investors assess risk and make informed decisions. Explore its role in generating ...
The New York Times

Climate and Environment

The case could have significant bearing on a range of other lawsuits brought against the fossil fuel industry by cities and states across the country. By Karen Zraick A key statute was designed to ...
Utah State University

Normal Approximations

If the probability that a randomly selected person will vote in the next election is 0.39, how would we find the probability that more than half of the people in a sample of 1000 will vote? Since the ...