How To Benefit From Probability Theory In Life?

A picture of dice as a metaphor for benefit from probability theory
How can the typical average person benefit from probability theory? Probability theory is one of the newest and toughest branches of mathematics. It also has a reputation for being one of the most counter-intuitive branches of science / mathematics there is. The works of authors such as Daniel Kahneman and Nassim Taleb just reinstate the […]

5 Reasons Not to Hate Mathematics

Image showing 1 + 1 = 3
Most students arguably hate Mathematics the most among all of their technical subjects. But this hate is not only unproductive but is also a big disadvantage!

The Hindsight Bias: Cause and Effect

After reading this article, you would be able to understand why it is seldom possible to know the better of something in the past. You would then go on to appreciate how remarkably susceptible we are as human beings to commit mistakes as a result of the hindsight bias. Finally, you'll get insights into how you can best utilise the knowledge of the hindsight bias to your benefit in real life applications.