I was preparing for my early morning class back in January 2025 when I received a notice regarding an asteroid called 2024 YR4. It said the probability it could hit Earth was unusually high. As ...

Probability is one of those things we all get wrong… deeply wrong. The good news is we’re not the only ones, says John Haigh, a mathematician at the University of Sussex in Brighton, UK, and author of ...

The probability of default in bonds measures credit risk and helps investors evaluate borrower reliability, compare yields, ...