For all the deference to “laws” of nature that supposedly govern everything that happens, the truth is that randomness rules the world. Everywhere you look, randomness is at work, in all the processes ...

The conjunction and disjunction fallacies are famous for revealing the limits of human reasoning about probability. This can be measured by telling people a short story about a character and then ...

This is a preview. Log in through your library . Abstract It is shown that quantum mechanics cannot be formulated as a stochastic theory involving a probability distribution function of position and ...

HALF a century of research has shown that people do not always follow the “rational” rules of classical probability theory when making decisions, particularly under conditions of uncertainty.

Add Yahoo as a preferred source to see more of our stories on Google. Human behaviour is an enigma that fascinates many scientists. And there has been much discussion over the role of probability in ...

Classical probability theory assumes an equal likelihood for all outcomes. For example, if you were to flip a coin, there's an equal change of it landing on "heads" or "tails." Microsoft Excel offers ...

To outline, discuss, and prove with full mathematical rigour some of the key results in classical probability theory; with special emphasis on applications. This course deals with probabilistic ...