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 ...
We’ve seen a number of outlier events in 2016, but the experts predicted them poorly and are labeling them “black swans.” According to Nassim Taleb, black swan events are highly unexpected for a given ...
It's well understood that stocks are more likely to provide growth than bonds but are more risky for retirees. Financial analysts are fond of using statistical models that come up with a "success ...