For four decades, a quiet boundary in pure mathematics kept a powerful theorem locked inside the safe world of finite quantities. Now a new result known as Sebestyen’s theorem has pushed that boundary ...

Can you chip in? As an independent nonprofit, the Internet Archive is fighting for universal access to quality information. We build and maintain all our own systems, but we don’t charge for access, ...

If mutual funds sold securities and realized gains, those gains need to be distributed to shareholders of record. Those distributions usually occur in November and December. It’s hard to estimate how ...

The math is easier than you think. With the holiday season just weeks away, you probably want to focus your attention on parties, gifts, and maybe some upcoming vacations. But if you're 73 or older ...

Interest Rate Probability Distributions Implied by Derivatives Prices is a daily measure of the distribution of future short-term interest rates, calculated from prices of fixed-income derivatives ...

1 Management and Decision Engineering Laboratory (MDE-Lab), Department of Financial and Management Engineering, School of Engineering, University of the Aegean, Chios, Greece 2 School of Economic ...

The mathematics behind artificial intelligence (AI) and machine learning (ML) rely on linear algebra, calculus, probability, and statistics. These provide the foundation for developing the needed ...

Blackjack is one of the most popular casino games worldwide. Unlike most casino games, it’s not just a game of luck, and the house edge is much smaller than that of other casino games. This means that ...

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 ...

Unauthorized distributions to a corporation’s shareholders did not terminate an entity’s S status since the shareholders did not authorize or create a second class of stock in the entity’s governing ...

Sometimes your gut feelings lead you astray—particularly in mathematics, in which one constantly comes across results that seem impossible. For example, infinity does not always equal infinity, and ...