Daniel McNulty began writing for Investopedia in 2012. His work includes articles on financial analysis, asset allocation, and trading strategies. Marguerita is a Certified Financial Planner (CFP), ...

In one day, 433 people won the Philippine lottery jackpot. What were the chances? On October 1, 2022, something strange ...

Bayesian thinking helps you make better decisions by updating your beliefs when new evidence appears. Even in games of chance like scratch-off lotteries, paying attention to information can improve ...

Trial-to-trial variability can result from both deterministic sources, such as complex dynamics or internal states, and randomness — that is, noise. This Review focuses on noise and its impact along ...

Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn to assess risk and potential gains.