Probability theory forms the mathematical backbone for quantifying uncertainty and random events, providing a rigorous language with which to describe both everyday phenomena and complex ...

The concept of probability may feel intuitive today, but for much of human history, that wasn't the case. Jacob Goldstein tells the origin story of probability.

Blaise Pascal was a teen mathematical genius who built a mechanical calculator before most kids finish schoolwork on their ...

Over the last four hundred years, mathematicians have developed a well-defined formal theory of probability. In spite of the fact that most financial economists are trained in probability theory, the ...

Professor Nikita Nekrasov, PhD, in the Department of Physics and Astronomy in the College of Arts and Sciences has been ...

Probability has long been the redheaded stepchild of mathematics fields, because “pure” mathematicians believe it’s descriptive and observational instead of abstract and objective.

It is shown that quantum mechanics cannot be formulated as a stochastic theory involving a probability distribution function of position and momentum. This is done by showing that the most general ...