Eeny, meeny, miny, mo, catch a tiger by the toe – so the rhyme goes. But even children know that counting-out rhymes like this are no help at making a truly random choice. Perhaps you remember when ...

Abstract: Industrial data often consist of continuous variables (CVs) and binary variables (BVs), both of which provide crucial information about process operating conditions. Due to the coupling ...

So far, the events we have encountered have discrete outcomes, such as obtaining heads or tails when tossing a coin. However, some events correspond to continuous outcomes. For example, imagine ...

The HBR Playbook on overcoming change fatigue and positioning your people for agility. by Ania W. Masinter The amount and pace of organizational change today is staggering. Gartner research found that ...

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 ...

The host invites you to pick a door, any door. Let’s say you pick door one. The host throws open one of the doors you did not select, revealing a goat. Then the host gives you the option of switching ...

Transformation programs have become ubiquitous, with more than one-third of large organizations engaged in some form of transformation at any given time. But the conventional model that most companies ...

WASHINGTON — To give Soldiers what they need to win the nation’s wars now and in the future, the Army must continuously transform and adapt to advances in technology, said Gen. James E. Rainey, ...