From Monopoly to Backgammon to Yahtzee, our first experiences with board games almost always feature sets of six-sided dice. They’re a great way to create some randomness and chaos in a game, but ...

Candidates are often asked to answer obscure or tricky math and probability questions during job interviews at tech companies like Google and Amazon. This dice problem, as demonstrated on YouTube by ...

Introduction Have you ever heard anyone say the chance of something happening is “50–50”? What does that actually mean? This phrase has something to do with probability. Probability tells you how ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Eric's career includes extensive work in both public and ...

Over time, dice used in playing games have changed in shape and size and evolved with considerations about fairness, chance and probability. Whether at a casino playing craps or engaging with family ...

Probability Distribution Notes: Probability is a fundamental aspect of mathematics that helps us understand and quantify uncertainty. Mastery of this subject is essential for students, as it has ...

Graham Kendall does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

To calculate the probability of an event, the total number of possible outcomes is often required. For simple situations, making a list or completing a sample space diagram is enough but in more ...

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 ...