Probability underlies much of the modern world – an engineering professor explains how it actually works

Probability underpins AI, cryptography and statistics. However, as the philosopher Bertrand Russell said, “Probability is the ...

Monte Carlo Analysis for Investment Risk Assessment

Discover how Monte Carlo analysis helps investors assess risk and make informed decisions. Explore its role in generating ...
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'Proof by intimidation': AI is confidently solving 'impossible' math problems. But can it convince the world's top mathematicians?

AI could soon spew out hundreds of mathematical proofs that look "right" but contain hidden flaws, or proofs so complex we ...

Widely used method underestimates forests' ability to prevent major floods, researchers argue

Researchers from the University of British Columbia argue that a widely used method to understand and predict flood risk has led scientists to miscalculate how forests can prevent major flooding. The ...