After a slow fourth quarter in 2015, many economists predict the United States economy will rebound for a stronger showing later this year. That’s promising news. So why do many of us feel like we’re not doing so well—even in times of relative prosperity?
Animator Shuyi Chiou and the folks at CreatureCast give an adorable introduction to the central limit theorem – an important concept in probability theory that can reveal normal distributions (i.e. bell curves) across data that does not appear to fit a normal distribution curve.
Having a strong opinion about an issue can make it hard to take in new information about it, or to consider other options when they're presented. Thankfully, there’s an old rule that can help us avoid this problem — and even help us make good decisions when we’re uncertain. Here’s how Bayesian Reasoning works, and why…