Jurors and judges sometimes need to understand testimony regarding probability. For a criminal jury, maybe that probability relates to the chances of a false-positive on DNA identification. In a ...

For years, social media users have been lecturing one another about what percentages mean in weather forecasts. "Y'all know on the weather app the percentage isn't a "chance" of rain. It means it will ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

Are 90% probability strategies a Holy Grail? High Probability or High Risk/Reward? A 90% winning ratio can still lose money. A lot of options traders consider a 90% probability strategy a Holy Grail ...