Nov. 3 -- Probability and risk increasingly permeate our lives. Like it or not, we must be able to assess the threats and opportunities that face us. Here's a random sampling of half a dozen ...

Text: A First Course in Probability by Sheldon Ross. Pearson, 9th ed, 2012, ISBN: 032179477X. Course goals: This course will develop the fundamental principles of probability as well as an ...

Many people mix up odds and probability at casino tables. These words sound the same but mean different things. Knowing both ...

We propose a novel approach for the computation of the probability distribution of a counting variable linked to a particular kind of hierarchical multivariate copula function called a clusterized ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...