Most humans don’t have a natural facility with probability. It’s not intuitive, like the ability to walk or talk. Learning the mechanics of chance takes time, but is less essential than, say, reading, ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

Probability has a popular meaning that is not the same as the mathematical meaning. As a small-business owner, you may act on hunches, guesses and instincts. After such actions, you might even say you ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

JEFF: How likely is it that Putter will make this shot, Janine? JANINE: The probability? Well, he needs to get his shot past that Pineapple Windmill. JEFF: The windmill with 6 segments? JANINE: That’s ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Suzanne is a content marketer, writer, and fact-checker.