The Mathematical Gazette is the original journal of the Mathematical Association and it is now over a century old. Its readership is a mixture of school teachers, college and university lecturers, ...
Difficult endgame decisions in Pineapple Open Face Chinese (POFC) are quite common, and it can be quite a challenge to choose the play that offers the highest expected value. The most difficult aspect ...
Calculating probabilities can be tricky, with subtle changes in context giving quite different results. I was reminded of this recently after setting BrainTwister #10 for New Scientist readers, which ...
As speculation mounts about when the Federal Reserve will alter its target for the federal funds rate, its primary tool for steering the economy these days, trading in financial futures markets offer ...
How likely you think something is to happen depends on what you already believe about the circumstances. That is the simple concept behind Bayes' rule, an approach to calculating probabilities, first ...
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