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 ...

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Forecasting the weather is by nature an imprecise science, and that’s why we use probability when determining the likelihood of rain, snow, or otherwise. “Probability of Precipitation” is what that ...

Predicting how complex stochastic systems respond to small external perturbations is central in physics, climate science, and engineering. We combine the generalized fluctuation–dissipation theorem ...

A variation of a puzzle called the “pick-up sticks problem” asks the following question: If I have some number of sticks with random lengths between 0 and 1, what are the chances that no three of ...

Do you sense something problematic about the word “problematic”? The way it’s used has changed a great deal in recent years, so much that it can now seem a little shifty. The journey that brought us ...

Word problems try and tell students a story about the math problem in front of them. They are a useful way to connect abstract numbers to concrete situations, so students can learn early on to apply ...

Working memory is like a mental chalkboard we use to store temporary information while executing other tasks. Scientists worked with more than 200 elementary students to test their working memory, ...

Practical word problems are often considered one of the most complex parts of elementary school mathematics. They require students to understand the context of a math problem, identify what the ...

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