Dutch Book Theorem Explained: Profit from Misjudged Probabilities

Discover how the Dutch Book Theorem reveals profit opportunities in betting and finance when probabilities are misjudged.

'All you have to do is win five or six points': Your chances of beating the world's top tennis stars in a new tournament

An unusual tennis competition that pits amateurs against professionals in one-point matches is launching at the Australian ...
BMJ Global Health

Impact and cost-effectiveness of Neotree, a digital data capture and decision support tool designed to improve neonatal survival in Zimbabwe: an interrupted time series ...

Introduction Many neonatal deaths are avoidable using existing low-cost evidence-based interventions. This study evaluated ...
INSPIRE

The Optical Theorem, Purity of the Initial States and Rising Total Cross-Sections

A possibility of the violation of the optical theorem at high energies due to the mixed character of the initial states is discussed. A close connection of this idea with the MIT —bag model of hadrons ...
Investopedia

Understanding Prior Probability in Bayesian Statistics

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Johns Hopkins Medicine

Reverse Total Shoulder Replacement

What is a reverse total shoulder replacement? A reverse total shoulder replacement is a special type of shoulder surgery. During the surgery, a surgeon removes the damaged parts of the shoulder and ...