May 21 (Reuters) - One person you wouldn’t expect to hear tout a statistical fallacy is Warren Buffett, but the legendary investor appeared to do just that at the recent Berkshire Hathaway (BRKa.N), ...

Forbes contributors publish independent expert analyses and insights. Dr. Lance B. Eliot is a world-renowned AI scientist and consultant. For both those within the autonomous car industry and those ...

This has always bothered me and it came up again in Bad Monkey's trading/gambling thread.<BR><BR>The question is simple--if you believe that after 5 "heads" tosses of a fair coin the 6th toss is more ...

You've designed a great short-range radio system; each individual element seems pretty much to meet the specification you needed for it. So you and your team work long hours to get a prototype ready.

One person you wouldn't expect to hear tout a statistical fallacy is Warren Buffett, but the legendary investor appeared to do just that at the recent Berkshire Hathaway annual meeting, a reminder of ...