It's been a long time since I scraped through my probability and stats class in college... There is a time-killing dice game a friend (seems to have) invented: You start with a pool 10 6-sided ...
It's simple, but it may be the most important formula in investing. In my previous article dealing with the Kelly formula, I attempted to convince you that the Kelly formula was the most important ...
Classical probability theory assumes an equal likelihood for all outcomes. For example, if you were to flip a coin, there's an equal change of it landing on "heads" or "tails." Microsoft Excel offers ...
I have been studying planetary defense, particularly being part of past, ongoing, and future small body missions. I was part of the NASA/DART mission. I am currently part of the NASA/Lucy mission and ...
I was preparing for my early morning class back in January 2025 when I received a notice regarding an asteroid called 2024 YR4. It said the probability it could hit Earth was unusually high. As ...