Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Joint probability teaches us to calculate combined outcomes.

Probability has a popular meaning that is not the same as the mathematical meaning. As a small-business owner, you may act on hunches, guesses and instincts. After such actions, you might even say you ...

Ever since Austrian scientist Erwin Schrodinger put his unfortunate cat in a box, his fellow physicists have been using something called quantum theory to explain and understand the nature of waves ...

Normal distribution curve that illustrates standard deviations. Each band has 1 standard deviation, and the labels indicate the approximate proportion of area . Source: M. W. Toews Creative Commons ...

Future events are far from certain in the business world. This is especially true for smaller businesses, which tend to have more volatility than larger organizations, or newer businesses without a ...

The probability in weather forecasts leaves many people perplexed on if, or when, they should continue with plans, cancel or delay. As summer ramps up across North America, millions of travelers, ...