BUFFALO, N.Y. (WIVB) — In a typical forecast, you often hear or see the words “probability of precipitation.” This value is given as a percentage. Although this value is frequently seen and used, ...

The world is full of uncertainty: accidents, storms, unruly financial markets, noisy communications. The world is also full of data. Probabilistic modeling and the related field of statistical ...

The chance for an inch or more of snow in the Puget Sound region on Christmas is slim but historically exists, according to the National Weather Service. The historic probability of at least 1 inch of ...

According to a new survey that took into account the input from 2,778 researchers, there’s a not insignificant risk of artificial intelligence triggering human extinction. Just over half of the AI ...

The U.S. dollar was on track for a modest weekly gain as investors sought to balance the impact of the Federal Reserve's ...

After all these years, Bing Crosby still spurs our dreams of a “White Christmas.” But a new data analysis suggests some of us are better off leaving that dream of snow on Christmas morning to the ...

Circling back to today, a cold front sliding in from the west will bring both rain and storm chances our way this afternoon.

For years, social media users have been lecturing one another about what percentages mean in weather forecasts. "Y'all know on the weather app the percentage isn't a "chance" of rain. It means it will ...

MARCH MADNESS IS AMERICA’S MOST WAGERED ON COMPETITION WITH THE AMERICAN GAMING ASSOCIATION. PREDICTING 68 MILLION PEOPLE WILL BET ON THIS YEAR’S DIVISION ONE BRACKET. SO THAT JUST GOES TO SHOW YOU ...

Traders in the federal-funds market were pricing in a near certain probability that the Federal Reserve will cut interest rates this month, as they assessed the latest report on U.S. inflation.