Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it ...

Blake Lively and Anna Kendrick's twisted duo of Emily and Stephanie from "A Simple Favor" are back for round two in "Another Simple Favor." This time, the two friends reunite "on the beautiful island ...

PV yield forecasts are widely considered to be inaccurate, partly because they underestimate uncertainty. Image: Tilt Renewables. The uncertainty in energy yield forecasts is frequently underestimated ...

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 ...

Karen Goracke is the CEO of the jewelry store Borsheims, a Berkshire Hathaway subsidiary. Goracke worked her way up from the store room, and Warren Buffett interviewed her for the CEO job. She says ...

Simple interest is more favorable for borrowers due to its non-compounding nature. Compound interest benefits investors by allowing earnings to also generate returns. Invest in avenues like stocks ...

The mathematician Daniel Litt has driven social media users to distraction with a series of simple-seeming but counterintuitive probability puzzles. In late January, Daniel Litt posed an innocent ...

The problem Litt posted was: 'Suppose you have a urn containing 100 balls, n of which are red and 100-n are green, where n is uniformly distributed between 0 and 100. You randomly draw a ball from the ...

A few years ago, I read Julia Cameron’s book, The Artist’s Way, with a group of 10 women. In this book, Cameron emphasizes the importance of what she calls “morning pages”— three pages of journaling ...

Philip Goff received funding from the Templeton Foundation while writing his latest book. Miriam Frankel, the editor, has in the past written a scientific literature review about fine tuning for ...