My company, Alpha Theory, started performing historical analysis of clients’ data about six months ago. We’ve only finished work on a dozen or so clients but one trend seems to be consistent, ...

This column is the first of a series on probability. My intention is to give you some basic understanding of probability theory and discuss some of its practical applications. Mathematical thinking in ...

Probabilities can be written as fractions, decimals or percentages on a scale from 0 to 1. Knowing basic facts about equally likely outcomes can help to solve more complicated problems. Probability is ...