The FDA has opened the door to the use of Bayesian statistical methods in clinical trials. The worry: Introducing ...

When we set our expectations and operate based on the sequence of events that unfolded the last time a similar situation has occurred, we surrender to history.

Think certain investors are geniuses? Buffett argues they're just lucky monkeys. Discover why the Oracle of Omaha argues that discipline, process, and low-cost index investing beat flashy short-term ...

Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it ...

6 billion years old and home to more than 100 billion stars. This reality suggests there is likely a mind-boggling number of ...