How maths helps in everyday life
The very word “maths” might trigger flashbacks of late-night algebra homework or confusing word problems from school. But outside the classroom, maths quietly shapes our lives in ways that are far more practical, useful, and sometimes even fun than we give it credit for. You certainly planned a vacation, went grocery shopping, invested money, and […]
The Math Behind Taking Risks: Understanding Expected Value and Probability
When the cards are dealt and the chips are in play, the distinction between winners and losers is no longer ‘luck’ – it’s mathematics. Every wager and gamble made in ‘the game’ has a set structure of approximate values and probabilities that determine the long-run outcomes. While temporary luck may indeed favor the bold, understanding […]
