Dutch Book Theorem Explained: Profit from Misjudged Probabilities

Discover how the Dutch Book Theorem reveals profit opportunities in betting and finance when probabilities are misjudged.
Interesting Engineering on MSN

Sebestyen’s theorem crosses into infinity after 40 years of mathematical limits

At the University of Vaasa in Finland, mathematician Yosra Barkaoui has successfully generalized a fundamental theorem that had remained confined to “bounded” systems for more than 40 years.
Scientific American

What is Bayes's theorem, and how can it be used to assign probabilities to questions such as the existence of God? What scientific value does it have?

Chris Wiggins, an associate professor of applied mathematics at Columbia University, offers this explanation. A patient goes to see a doctor. The doctor performs a test with 99 percent ...

Baudhāyana–Pythagoras Theorem Introduced in NCERT Class 8 Mathematics

This is for the first time that the Baudhāyana–Pythagoras Theorem has been introduced in Class 8 NCERT Math textbook. , ...
The New Yorker

My Father’s Theorem

The Rockmore theorem made its first—and perhaps only—named appearance in print in 1977, in the journal Physics Letters, Volume 72B, No. 4. A photocopy of the journal page hung on my father’s office ...
Investopedia

Bayes' Theorem: What It Is, Formula, and Examples

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...