What does disaster management and pokies reform have in common? They both deal with a fundamental problem of human psychology - the failure to understand probabilities. This was pointed out to me ...

The Monty Hall Problem is a famous probability problem named for the original host of “Let’s Make A Deal." The controversy began in 1990 when Marilyn vos Savant posed the question in her column.

Mathematician Marcus du Sautoy demonstrates probability and the Monty Hall problem.

“Many pure mathematicians claim that probability has many unreasonable answers.” Take the classic problem of a class of 25 schoolchildren. How likely is it that two of them share the same ...

The purpose of the Institute of Mathematical Statistics (IMS) is to foster the development and dissemination of the theory and applications of statistics and probability. The Institute was formed at a ...