The times they are a changin’ … and so are the stats. The old process of judging baseball players and teams relied on simple counting stats (runs batted in, hits, wins) and basic rate stats (batting ...

Learning abstract concepts like probability can often be challenging without practical examples. For many, it becomes easier to grasp when these ideas are connected to real-life experiences or ...

The laws of probability seems simple at first thought, but scratch the surface and their inner truth can be rather more counterintuitive. This video describes one of those situations—and the answer ...

Most people know children learn many skills simply by watching people around them. Without explicit instructions youngsters know to do things like press a button to operate the television and twist a ...

The Basic Curve The basic probability curve looks like an anthill. Here, the X axis represents potential outcomes from worst to best, going left to right. The Y axis represents the probability of ...

05:10: The slide says “P(G,G,B)”, this is not quite the correct notation because this would normally be read as the probability of having 2 girls and a boy, but the point about multiplying independent ...

Space to play or pause, M to mute, left and right arrows to seek, up and down arrows for volume. Media grabs: He's an octopus who doesn't realise his goal is to predict World Cup winners... Paul the ...

Learn how prior probability informs economic theory and decision-making in Bayesian statistics. Understand its role before collecting new data.

Most people know children learn many skills simply by watching people around them. Without explicit instructions youngsters know to do things like press a button to operate the television and twist a ...

05:10: The slide says “P(G,G,B)”, this is not quite the correct notation because this would normally be read as the probability of having 2 girls and a boy, but the point about multiplying independent ...