As rare disease trials face persistent feasibility challenges, Bayesian designs are gaining momentum by enabling more ...

The addition rule for probabilities determines the chance of either mutually exclusive or overlapping events happening, using ...

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Why do we seek certainty in our lives? Why do we sometimes not want certainty? This post explains how certainty is part of affect, the evaluative common currency of the mind.

EVER had a hunch on an upcoming match, but missed out on a potential profit because you didn’t know how to read betting odds? While they might look confusing, betting odds are simply the ...

Data is the life-blood of physical AI. Collecting real-life data is expensive. Generative AI and diffusion to create ...

Four strategies to consider if you’re looking for a steady ‘paycheck equivalent’ from your retirement portfolio.

The Storm Prediction Center has introduced new severe weather outlook changes for the severe weather season starting in March ...

Standard deviation, while common, inadequately captures investment risk due to its equal treatment of gains and losses and ...

Probability underpins AI, cryptography and statistics. However, as the philosopher Bertrand Russell said, "Probability is the most important concept in modern science, especially as nobody has the ...

Ethereum co founder Vitalik Buterin has placed a 148,000 dollar bet that the United States will not officially confirm the existence of aliens before ...

A fully automated bot quietly captured micro-arbitrage opportunities on short-term crypto prediction markets, netting nearly ...