Flipping a coin is often the initial example used to help teach probability and statistics to maths students. Often, there is talk of how, given a fair coin, the probability of landing heads or tails ...
Each month, the NBER Digest summarizes several recent NBER working papers. These papers have not been peer-reviewed, but are circulated by their authors for comment ...
Have you ever found yourself paralyzed in the face of some important decision? “Should I take this new job or stay where I am?” “Should I buy this car or that car?” “Should I go to the beach for ...