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 ...

This article was published in Scientific American’s former blog network and reflects the views of the author, not necessarily those of Scientific American I’m not sure when I first heard of Bayes’ ...

How can Bayes' theorem assign a probability to the existence of God? Chris Wiggins, an associate professor of applied mathematics at Columbia University, offers this explanation: In the 18th century ...

This is a preview. Log in through your library . Abstract The use of statistics and probabilities as legal evidence has recently come under increased scrutiny. Judges' and jurors' ability to ...

In science, progress is possible. In fact, if one believes in Bayes' theorem, scientific progress is inevitable as predictions are made and as beliefs are tested and refined. ~ Nate Silver If the ...