Learn how to calculate hazard rate, its practical implications in engineering and finance, and why it's critical in predicting survival and failure rates.

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Toshi Hirabayashi, Georgia Institute of Technology (THE CONVERSATION) I was preparing ...

This paper shows how to do discrete probability analysis with the new BA 11 PLUS Professional financial calculator. Textbooks in Business Finance do an excellent job illustrating how to do basic time ...

The term "100-year flood" is often misunderstood - many believe it means a flood that happens once every 100 years, but that’s not how probability works. Instead, it refers to a flood that has a 1% ...

A research group has created a new model to calculate the probability of the occurrence of localized clusters caused by novel coronavirus infections. Led by Shingo Iwami at Nagoya University with ...

I was preparing for my early morning class back in January 2025 when I received a notice regarding an asteroid called 2024 YR4. It said the probability it could hit Earth was unusually high. As ...