Probability underpins AI, cryptography and statistics. However, as the philosopher Bertrand Russell said, "Probability is the most important concept in modern science, especially as nobody has the ...

George Pólya’s random walk theorem absolved him of being a lurker and revealed how the laws of chance interact with physical ...

Our weekly simulation for U.S. Treasury yields and spreads. Read the latest update in the article series, as of February 6, 2026.

If someone told you that they were “probably” going to have pasta for dinner, but you later found out that they ate pizza, would you feel surprised – or even lied to? More seriously, what does it mean ...

The US Department of Homeland Security (DHS) has moved to overhaul the H-1B work visa selection process, replacing the long-standing random lottery with a system that gives preference to higher-paid ...

Probability theory is indispensable in computer science: It is at the core of artificial intelligence and machine learning, which require decision making under uncertainty. It is integral to CS theory ...

Scientists at NIST and the University of Colorado Boulder have created CURBy, a cutting-edge quantum randomness beacon that draws on the intrinsic unpredictability of quantum entanglement to produce ...

ABSTRACT: An algorithm is being developed to conduct a computational experiment to study the dynamics of random processes in an asymmetric Markov chain with eight discrete states and continuous time.

Randomness is incredibly useful. People often draw straws, throw dice or flip coins to make fair choices. Random numbers can enable auditors to make completely unbiased selections. Randomness is also ...

In the first months of his administration, President Donald Trump repeatedly threatened due process, a fundamental principle enshrined in the U.S. Constitution. His attacks have spanned from the ...

Researchers have gained a new understanding of how the brain processes reward and risk information. Neuroscientists show how nerve cells in the so-called amygdala not only encode the probability and ...