PinnedPaolo Molignini, PhDThis key concept will simplify all your probability calculationsMaster probability with indicator random variables: a simple concept to transform complex calculations into easy expectations.5d ago5d ago
PinnedPaolo Molignini, PhDDare to solve this quant interview brain teaser?Think you can solve this quant brain teaser? Test your probability skills with this challenge that has Ivy Leaguers scratching their head!Aug 5Aug 5
PinnedPaolo Molignini, PhDBetting? Don’t miss this key conceptDiscover how “Gambler’s ruin” explains inevitable loss in gambling, investing, and life’s uncertainties. Are you prepared to take the risk?Jul 29Jul 29
Paolo Molignini, PhDWould you play this game?You encounter a wealthy stranger who wants to play a very simple game of chance with you. Using a fair coin, you need to flip as many…Jul 22Jul 22
Paolo Molignini, PhDUnveiling Hidden Truths: Simpson’s Paradox (part II)Last week, I introduced to you Simpson’s Paradox, a famous example of an apparent contradiction that arises when we introduce confounders —…Jul 14Jul 14
Paolo Molignini, PhDUnveiling Hidden Truths: Simpson’s Paradox (part I)Last week, we delved into a famous concept in data science and probability theory — Berkson’s Paradox. We discovered that this paradox is a…Jul 7Jul 7
Paolo Molignini, PhDIs Berkson’s Paradox biasing your data?Raise your hand if you think that among all the people you dated, the nicer ones were, on average, less good-looking. Or if among all the…Jun 30Jun 30
Paolo Molignini, PhDDecoding probability: how characteristics influence the likelihood of eventsLast week, I wrote a post on three family-related probability questions that are often used in interviews for quantitative jobs to probe…Jun 23Jun 23
Paolo Molignini, PhDThree family-related probability questions that will make you scratch your headIf you have ever applied for, or are considering applying for, a role in a quantitative field like quantitative finance, research…Jun 16Jun 16
Paolo Molignini, PhDWealthy people vote red, but wealthy states vote blue?While practicing my probability theory with Blitzstein and Hwang’s Introduction to Probability, I encountered this very fascinating problem…Jun 11Jun 11