The natural logarithm is intimately related to the number e and that's how we learn about it at school. When it was first invented, though, people hadn't even heard of the number e and they weren't thinking about exponentiation either. How is that possible?
A 1 in 14 million chance to win the lottery, a 5% risk of cancer, a 50:50 chance of heads on a coin — we deal with probabilities all the time, but do they actually mean anything? We explore the philosophy of probability and ask whether the probabilities that come up in physics differ from those in every day life.
The fact that a sizeable proportion of the financial workforce is
made up of physicists is one of the industry's best-kept secrets. We talk to Laura Tadrowski, who has made the leap from physics to finance.