Classical probability theory assumes an equal likelihood for all outcomes. For example, if you were to flip a coin, there's an equal change of it landing on "heads" or "tails." Microsoft Excel offers ...

I was preparing for my early morning class back in January 2025 when I received a notice regarding an asteroid called 2024 YR4. It said the probability it could hit Earth was unusually high. As ...

Weather patterns, brain activity and heartbeats each generate lines of complex data. To analyze this data, researchers must first divide up this continuous data into discrete pieces -- a task ...

Honeybees can calculate probability, but it seems they don’t use it the same way we tend to. Andrew Barron at Macquarie University in Sydney, Australia, and his colleagues trained 20 honeybees to ...

It had to happen: the property bubble burst and the global financial market experienced its biggest crisis in the last hundred years. In retrospect, many suspected it was coming, but nobody could have ...

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 ...