It had to happen: the property bubble burst and the global financial market experienced its biggest crisis in the last hundred years. In retrospect, many suspected it was coming, but nobody could have ...

Key points Listing outcomes to find the probability of combined events Examples Questions Using sample space diagrams to find the probability of combined events Examples Question Taking a logical and ...

It’s important in trading to have a good understanding of probability, or at least not have misconceptions about probability. While the Forex market and other financial markets move based on supply ...

The table below gives some examples of events and how their probability can be calculated. Event Outcome Number of ways to get this outcome Total number of possible outcomes Probability of outcome ...

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 probability of default in bonds measures credit risk and helps investors evaluate borrower reliability, compare yields, ...

I was preparing for my early morning class back in January 2025 when I received a notice regarding an asteroid called 2024 YR4. It said the probability it could hit Earth was unusually high. As ...