For any event that has multiple outcomes with different probabilities, it can be helpful and illustrative to construct a chart or diagram of the possible outcomes. Tree diagrams are a useful example ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. One takeaway is that JPMorgan isn’t paying much for graphic design. Another is that it’s paying too much, ...

Probability Distribution Notes: Probability is a fundamental aspect of mathematics that helps us understand and quantify uncertainty. Mastery of this subject is essential for students, as it has ...