Probability is a measure of the likelihood of events happening. The greater the proportion of times an event can happen the greater (or more likely) the probability. Events can be ordered by the ...

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 ...

After you read this, you’ll have a 32% chance at better understanding how bad you are at probability. If the risk of an event goes up or down, we assume that it will keep changing in that direction.

In A Philosophical Essay on Probabilities, published in 1814, Pierre-Simon Laplace introduced a notorious hypothetical creature: a “vast intelligence” that knew the complete physical state of the ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

McDonald's kicked off its annual Monopoly sweepstakes today, so of course we are thrilled to devour the stats. Lottery probabilities are a ton of fun, and Monopoly statistics are even more interesting ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of ...