Explore what economic sunspots are, how they influence financial markets independently of fundamentals, and their fascinating ...
Financial word of the day: Heteroscedasticity describes a situation where risk (variance) changes with the level of a ...
Most rifle “upgrades” are sold like they’re plug-and-play. Swap this part, bolt on that accessory, torque it down, and... The ...
Researchers at the Johns Hopkins Kimmel Cancer Center have developed a novel liquid biopsy approach to identify early-stage ...
Savannah Louie didn’t have time to slide into anyone's DMs. While Survivor 50 legends may have been busy pre-gaming (or not!) ...
New Jersey’s latest political earthquake now has an outcome — though not everyone agrees on what it all means. After four more days of vote-counting in an unexpectedly too-close-to-call race, ...
This visualization shows moderately large pressure fluctuations within a 35-trillion-grid-point turbulence simulation, ...
Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it ...
Dr. James McCaffrey presents a complete end-to-end demonstration of linear regression with pseudo-inverse training implemented using JavaScript. Compared to other training techniques, such as ...
Over time, places like Monte Carlo and Las Vegas turned gambling into a global industry, packed with bright lights, high stakes, and non-stop traffic. Casinos like the Bellagio, MGM Grand, and Marina ...
Business Daily Africa on MSN

Decision making: Profiting from randomness

"No matter how sophisticated our choices, how good we are at dominating the odds, randomness will have the last word," wrote Nassim Nicholas TalebIs the business world inherently chaotic, or is ...
New research suggests genetics may account for up to half of a person’s lifespan, a larger role than previously estimated ...