Across the country, utility companies are in search of solutions and strategies to reduce peak demand, improve customer and community relations, and incorporate responsibility and sustainability into ...

For any event that has multiple outcomes with different probabilities, it can be helpful and illustrative to construct a chart or diagram of the possible outcomes. Tree diagrams are a useful example ...

An area in Detroit crews rushed to Sunday to address downed power lines as a result of the windstorm. DETROIT – The city of Detroit's forestry department is making preparations for the possibility of ...

That was what math professor Manil Suri concluded after looking over his charts and notes in the midst of writing his new novel, The City of Devi. But then he realized that, with all logical ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

A third order upper bound is presented on the probability of the union of a finite number of events, by means of graphs called cherry trees. These are graphs that we construct recursively in such a ...

To calculate the probability of an event, the total number of possible outcomes is often required. For simple situations, making a list or completing a sample space diagram is enough but in more ...