If the FDA follows through with the proposed guidelines, and they are not fatally twisted by pressure from the medical ...

“One of the basic axioms of the rational theory of decision under uncertainty is Savage’s (1954) sure-thing principle (STP). It states that if prospect x is preferred to y knowing that Event A ...

where $l$ and $u$ are the lower and upper probability bounds, while $\phi$ and $\psi$ denote propositional logic formulas. For example the following two sentences ...

Abstract: Conditional Handover (CHO), introduced in the 16th edition of the 3GPP standard, serves as an alternative to Baseline Handover (BHO). CHO aims to mitigate radio link failures (RLFs) during ...

A recent Delaware Chancery Court opinion offers a significant example of how courts may apply complex probability analysis to determine the amount of damages in an earnout dispute. The case arose from ...

Nisha Gopalan is a former Senior Overnight Assignment Editor for Investopedia News. She is an award-winning financial journalist who has worked in London, where she is currently based, and Hong Kong.

As polling takes center stage again this election year, understanding its strengths and weaknesses is critical. At Pew Research Center, we’ve looked hard at the advantages and limitations of our ...

Probability is the likelihood of a particular event occurring, expressed as a number between 0 and 1, where 1 denotes certainty and 0 denotes impossibility. In various fields such as mathematics, ...