Articles on Statistics probability and risk

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A black swan event must meet three criteria: it must be an outlier, must have a major impact and must be declared predictable in hindsight. (Buiobuione/Wikimedia)

Coronavirus is significant, but is it a true black swan event?

The danger of treating COVID-19 as an astronomically rare and improbable event is that we will treat it as such and fail to prepare for the next pandemic. And there will be another pandemic.
Statistics and probability can sometimes yield mind bending results. Shutterstock

Paradoxes of probability and other statistical strangeness

Sometimes statistics and probability can produce unexpected or counter-intuitive results. If we're hoping to use numbers to make good decisions, we should be wary of the traps.

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