Learn how to calculate hazard rate, its practical implications in engineering and finance, and why it's critical in predicting survival and failure rates.

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Toshi Hirabayashi, Georgia Institute of Technology (THE CONVERSATION) I was preparing ...

A research group has created a new model to calculate the probability of the occurrence of localized clusters caused by novel coronavirus infections. Led by Shingo Iwami at Nagoya University with ...

Suppose you observe a sequence of people entering a store and you record the color of shirt worn by each person. You see this sequence of 24 shirts: 0, 0, 3, 3, 2, 1 ...

Some economists are predicting that US recession risk is rising, and a downturn could arrive before the year is out, but the ...

I was preparing for my early morning class back in January 2025 when I received a notice regarding an asteroid called 2024 YR4. It said the probability it could hit Earth was unusually high. As ...