Discover how the Law of Large Numbers helps insurance companies manage risk and determine premiums, and why it sometimes falls short in real-world scenarios.
Our monkey brains didn’t evolve to understand big numbers without some help. So when you run into an abstract figure, it’s good to have some real-world thing to compare it to. That’s why I memorize a ...
Imagine a horizontal line. The very left is marked one thousand and the very right is marked one billion. On this line, where would you add a marker to represent one million? If you said somewhere in ...
Seven minutes is all it took for a cyber attack to cripple thousands of companies in 2017. That’s according to a new Symantec marketing campaign which references the NotPetya malware attack that ...
Forbes contributors publish independent expert analyses and insights. Renae Gregoire covers content marketing and great content experiences. Sort of like Doc Emmett Brown finding out that he needed ...
We are obsessed with numbers. We lap them up. We get immense pleasure out of watching digits decrease and multiply as we peer over bank accounts and scales and Vegas roulette tables. Japanese ...
Multiplying 2 x 2 is easy. But multiplying two numbers with more than a billion digits each — that takes some serious computation. The multiplication technique taught in grade school may be simple, ...
Here’s a brainteaser. Take a sheet of paper, and draw a line with the endpoints 0 and 1 billion. Then place a tick mark on the line where 1 million should appear. A typical person will place the mark ...
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