Probability underlies much of the modern world – an engineering professor explains how it actually works

Probability underpins AI, cryptography and statistics. However, as the philosopher Bertrand Russell said, “Probability is the most important concept in modern science, especially as nobody has the ...
Healio

Study: Most physicians overestimate probability of successful medical outcomes

Please provide your email address to receive an email when new articles are posted on . In a recent survey study, nearly 80% of physicians overestimated the probability of successful patient outcomes ...
Fast Company

People Are Really Bad At Probability, And This Study Shows How Easy It Is To Trick Us

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.
Houston Chronicle

Should a Company Make a Decision Based Solely on Probability Instead of Doing a Research Study?

Making management decisions based solely on probability is useful when you can determine that the outcomes of your decisions are, for the most part, predictable based on your own or others' past ...