Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Get a simple explanation of Bayes’ Theorem that anyone can understand, even with no advanced math background. This video breaks the idea down using clear examples and intuitive reasoning to show how ...

What would Thomas Bayes think? In 1763, he proposed a new approach to calculate probabilities. An international team has now updated his ideas to deliver a quantum Bayes' rule. (Courtesy: Centre for ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Plato and Aristotle in discussion, 1437, by Luca della Robbia (ca 1400-1482), marble tile, depicts two of the greatest philosophers, who wrote two of the all-time best philosophy books. Philosophy ...

Bernoulli’s 1713 golden theorem is viewed retrospectively in the context of modern model-based frequentist inference that revolves around the concept of a prespecified statistical model Mθ (x), ...

"Life isn’t chess, a game of perfect information, one that can in theory be 'solved.' It's poker, a game where you're trying to make the best decisions using the limited information you have. " When ...

First articulated in the 18th century by a hobbyist-mathematician seeking to reason backward from effects to cause, Bayes’ theorem spent the better part of two centuries struggling for recognition and ...