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Teenage Brains and High-Stakes Situations
This article was authored by Pragya Arya and Danny Rahal as part of the 2018 pre-graduate spotlight week. Teenagers are notorious for being irresponsible and making bad decisions. Almost all of us have witnessed or bore the brunt of parents nagging kids to take “important” situations more seriously and work harder. TV producers and novelists…
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Odds Are: On the difference between odds, probability, and risk ratio.
Odds, Probability, Chance, Risks: Interchangeable?Not so much. What does it mean to say “smokers are X times more likely to get lung cancer than non-smokers?” What about when the weather channel says, “there is a 10% chance of rain?” The odds of 1 to 10 of winning? These words are often used in casual conversations as…