In 1948 Claude E. Shannon published a landmark paper entitled “A Mathematical Theory of Communication”, detailing what we now know as information theory. Information theory aims broadly to quantify ...

New York, November 22, 2006 -- Moody's Investors Service today announced the publication of a new report explaining its proposed framework for the introduction of Probability of Default Ratings and ...

The introduction of probability into the fundamental nature of the quantum world by Bohr, Born and Schrödinger in the 1920s famously perplexed some scholars of science's philosophical foundations. But ...

Your question on the chance of rain (of any given probability) is a frequent one since the introduction of probability forecasts in the early 1970s. A 50 percent chance of rain simply means that given ...

Trading Busters International, a global trading education and community platform, today announced the release of its new ...