Continuous probabilistic techniques involving simulation can help managers predict the likelihood of time and cost overruns in all types and sizes of oil and gas projects. By deriving time and cost ...

Treasury yield curve outlook: 3‑month T‑bill most likely 1–2% in 10 years; 2y/10y spread turns positive. See inversion odds ...

WEST LAFAYETTE, Ind. — “You see, nature is unpredictable. How do you expect to predict it with a computer?” said American physicist Richard Feynman before computer scientists at a conference in 1981.

The most likely range for 3-month bill yields in 10 years remained in the 0% to 1% range. The probability of being in this range is only 0.02% higher than the probability of the 1% to 2% range.

A Penn State expert on probabilistic simulation thinks that the large number of shark attacks that recently took place in Florida might be explained through probability theory. UNIVERSITY PARK, PA -- ...