Understanding Binomial Trees: Definitions, Examples, and Calculations

Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...

'All you have to do is win five or six points': Your chances of beating the world's top tennis stars in a new tournament

An unusual tennis competition that pits amateurs against professionals in one-point matches is launching at the Australian ...

How your brain keeps time: Consistent probability calculations help you react rapidly

Humans respond to environments that change at many different speeds. A video game player, for example, reacts to on-screen ...
Quanta Magazine

Using AI, Mathematicians Find Hidden Glitches in Fluid Equations

A $1 million prize awaits anyone who can show where the math of fluid flow breaks down. With specially trained AI systems, ...
IEEE

Predictive Probability Density Mapping for Search and Rescue Using an Agent-Based Approach With Sparse Data

Abstract: Predicting the location where a lost person could be found is crucial for search and rescue operations with limited resources. To improve the precision and efficiency of these predictions, ...