Plans based on averages are wrong, on average. So says “the flaw of averages,” as coined by Sam. L. Savage, a consulting professor in the Department of Management Science and Engineering at Stanford ...

Here’s how an AI-powered trader earned $2.2 million on Polymarket using data models, automation and probability-based trading ...

Probability models that once belonged to high-stakes poker have become a backbone for NHL betting analytics. It’s no longer just “feeling lucky.” Frameworks honed over decades of card play have found ...

Traders in bonds and credit default swaps are bombarded with information on the default probabilities implied by credit spreads using a simple ratio. This ratio predicts that the credit spread will be ...

Discover the power of predictive modeling to forecast future outcomes using regression, neural networks, and more for improved business strategies and risk management.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The NBA playoffs are almost here, with the play-in tournament tipping off later tonight. But while the regular season was careening toward a dramatic finish, we were hard at work creating a live ...