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: ...

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 ...

This example illustrates the use of several of the graphics options ... His technical staff has provided him a probability distribution on the cost of the prototype. Table 3.33: Probability on the ...

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 ...

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 ...

There is, however, one fundamental problem: There is no comprehensive sampling frame ... in which researchers need not have an expensive, probability-based sample to make accurate population estimates ...

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 ...

Don't believe it's true? You can test it and see mathematical probability in action! The birthday paradox, also known as the birthday problem, states that in a random group of 23 people ...

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.

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 ...