I've done some basic Googling but I'm not sure what the equation for this is. I have X events, each with an independent probability between 0 and 1. Given X events, how many are likely to ...

This is a preview. Log in through your library . Publisher Information The purpose of the Institute of Mathematical Statistics (IMS) is to foster the development and dissemination of the theory and ...

We’ve seen a number of outlier events in 2016, but the experts predicted them poorly and are labeling them “black swans.” According to Nassim Taleb, black swan events are highly unexpected for a given ...

Probability has a popular meaning that is not the same as the mathematical meaning. As a small-business owner, you may act on hunches, guesses and instincts. After such actions, you might even say you ...