I've done some basic Googling but I'm not sure what the equation for this is. I have X events, each with an independent probability between 0 and 1. Given X events, how many are likely to ...

The relative frequency definition of probability says: If an experiment is repeated, the probability of an event (a specified outcome of the experiment) is the relative frequency of occurrence of that ...

The purpose of the Institute of Mathematical Statistics (IMS) is to foster the development and dissemination of the theory and applications of statistics and probability. The Institute was formed at a ...

While most empirical analysis of prediction markets treats prices of binary options as predictions of the probability of future events, Manski (2004) has recently argued that there is little existing ...

Coin tosses, randomness, and decision-making in films and literature explored through statistics and probability by a professor.