This module develops the theory of probability from the module `Introduction to Probability' and then introduces ... A simple statistics package will be used to perform the calculations.

Probability is about estimating or calculating how likely or 'probable' something is to happen. The chance of an event happening can be described in words, for example ‘certain’, ‘impossible ...

The SFPOF and probability of failure results from a basic PROF run can be combined in post-processing phases to describe failure risks for more complex structural configurations and to calculate fleet ...

Discovered in December 2024 in the Chilean desert, the asteroid 2024 YR4 initially posed a minuscule risk of impacting Earth. NASA had initially assessed a striking probability of just 0.004% for a ...

Probability or chance is how likely something is to happen. Probabilities are most commonly shown as fractions. The probability of getting 'tails' when you toss a coin is a 1 in 2 chance, or 1/2 ...

YR4, first discovered in December 2024, triggered a first-ever notification from the International Asteroid Warning Network ...

A prediction model from the global financial services firm JPMorgan Chase, analyzed by Bloomberg, suggests that the probability of an economic downturn has grown to 31 percent from 17 percent at ...