Interest Rate Probability Distributions Implied by Derivatives Prices is a daily measure of the distribution of future short-term interest rates, calculated from prices of fixed-income derivatives ...

Complex networks—systems of interconnected nodes—often exhibit degree distributions characterised by power laws, in which the probability P(k) that a node has k connections scales as k⁻ᵅ. This ...

Imagine you and I decide to play a simple game of chance. We each throw $50 into a pot and start flipping a coin. Heads, you get a point; tails, I get one. The first person to reach 10 points walks ...

The central limit theorem started as a bar trick for 18th-century gamblers. Now scientists rely on it every day. No matter where you look, a bell curve is close by. Place a measuring cup in your ...

Linux has long been known as the operating system of developers and power users, but today it’s far more accessible than ever before. Thanks to user-friendly distributions that prioritize simplicity, ...

For the past several years, America has been using its young people as lab rats in a sweeping, if not exactly thought-out, education experiment. Schools across the country have been lowering standards ...

If mutual funds sold securities and realized gains, those gains need to be distributed to shareholders of record. Those distributions usually occur in November and December. It’s hard to estimate how ...

Press releases remain one of the most trusted ways to share company news. But without a distribution strategy, even the strongest announcement can fall flat. A press release distribution plan helps ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

Unauthorized distributions to a corporation’s shareholders did not terminate an entity’s S status since the shareholders did not authorize or create a second class of stock in the entity’s governing ...

The mathematician Daniel Litt has driven social media users to distraction with a series of simple-seeming but counterintuitive probability puzzles. In late January, Daniel Litt posed an innocent ...

Private foundations contribute a staggering $105.21 billion to public charities annually, representing $1 out of every $5 donated. Internal Revenue Code Section 4942 requires private nonoperating PFs ...