Nate Silver, baseball statistician turned political analyst, gained a lot of attention during the 2012 United States elections when he successfully predicted the outcome of the presidential vote in ...

Bayes' theorem, also called Bayes' rule or Bayesian theorem, is a mathematical formula used to determine the conditional probability of events. The theorem uses the power of statistics and probability ...

A while back one of my students, “Frank,” a real smarty-pants, started babbling about something called Bayes’ theorem. He wrote a long, dense paper about the theorem’s revelatory power, which had ...

In science, progress is possible. In fact, if one believes in Bayes' theorem, scientific progress is inevitable as predictions are made and as beliefs are tested and refined. ~ Nate Silver If the ...

Over the years, many writers have implied that statistics can provide almost any result that is convenient at the time. Of course, honest practitioners use statistics in an attempt to quantify the ...

How likely you think something is to happen depends on what you already believe about the circumstances. That is the simple ...

The stock market is an ever-changing place. In fact, it’s changing every second of every day as prices go up and down, and new factors impact the trajectory of the market. It’s important for investors ...

Our eyes, gestures, and tone bring us together in a more profound way than words alone. It’s why we look hopefully toward the return of in-person, face-to-face connection. In science, progress is ...