For any event that has multiple outcomes with different probabilities, it can be helpful and illustrative to construct a chart or diagram of the possible outcomes. Tree diagrams are a useful example ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One takeaway is that JPMorgan isn’t paying much for graphic design. Another is that it’s paying too much, ...

Jonathan Keith does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...