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 ...

The probability that a tennis player wins the first set of a match is \(\frac{3}{5}\). If she wins the first set, the probability that she wins the second set is \(\frac{9}{10}\). If she loses the ...

Author: Chris Boucher (March 2011). This app displays an intricate Venn diagram, containing various combinations of set intersections, unions and complements. Users can shade the area they choose by ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...

When more than one event takes place a tree diagram can be used to find all the possible outcomes. This tree diagram shows all the possible outcomes and their probabilities for tossing a coin and for ...