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 ...

A tree diagram is a visual means of representing complex processes or problems in a hierarchical structure. It is made up of nodes and branches, where the nodes represent a problem’s elements and the ...

This project is a Python-based tool for generating tree diagrams from structured JSON data. It uses NetworkX and Matplotlib for creating and visualising the tree structures, making it suitable for ...

Co.Design has partnered with the Brooklyn design studio Hyperakt to bring you Lunch Talks, a video series of conversations with smart, creative people. Here’s the latest installment.—Eds Data ...

Tree diagrams are a way of showing combinations of two or more events. Each branch is labelled at the end with its outcome and the probability is written alongside the line. Two events are independent ...

Two events are independent if the probability of the first event happening has no impact on the probability of the second event happening. For example, the probability of rolling a 6 on a die will not ...