All sorts of physical processes in this analog world exhibit some degree of randomness. Think of noise, for example. Many noisy processes are described by Gaussian probability distributions. We should ...
The Math and Knife event, held on Oct. 22 from 7 p.m to 8:30 p.m in the Memorial Union's Washburn A/B room, brought about 40 ...
The basic principle of probability applies to a near infinite parade of situations. Basically, analysts use probability as a means of determining the likelihood of outcomes and occurrences given a ...
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 ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Recently, as we were studying probability in my Statistics class, a student asked me about the use of probability in math and economics. Actually “where will we ever use this?” might be a better way ...