Take, for example, our new puzzle: An art collector who loves ... The last question is not facetious. There is a famous problem in probability known as Bertrand’s paradox whose statement is simple: ...

An example of dependent events is a company's stock price increasing after the company reports higher-than-expected earnings. If events are independent, then the probability of event B occurring ...

Even if we could solve this problem with complex equations ... Also, different kinds of coincidences require different probability approaches. For example, “meeting someone who helps you to ...

With a better grasp of probability, I started developing strategies to improve my predictions. Although the game remained largely based on chance, using probability principles helped me make more ...

Knowing basic facts about equally likely outcomes can help to solve more complicated problems. Probability is about ... can be described in words. For example, the chance of an event happening ...

Probability is about estimating or calculating how likely or probable something is to happen. Probabilities can be described in words. For example, the chance of an event happening could be ...

The Monty Hall problem, first posed in 1975 ... Video courtesy of Horizon Stick or switch? Probability explained. Video, 00:06:02Stick or switch? Probability explained Up Next.

They split the problem up into small, manageable steps. Instead of trying to solve for the entire probability distribution in one go, they focused on only a small slice of the moments. For example, to ...