Can you predict whether a passenger would have survived the sinking of the Titanic based on factors like gender and income? How do you know if a mushroom is poisonous or safe to eat? What separates a ...

Learning abstract concepts like probability can often be challenging without practical examples. For many, it becomes easier to grasp when these ideas are connected to real-life experiences or ...

Most humans don’t have a natural facility with probability. It’s not intuitive, like the ability to walk or talk. Learning the mechanics of chance takes time, but is less essential than, say, reading, ...

New research found that infants have better math skills than previously suspected. From the age of six months, babies can calculate probability and estimate risk. Research from the Max Planck ...

Most people know children learn many skills simply by watching people around them. Without explicit instructions youngsters know to do things like press a button to operate the television and twist a ...

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 ...