Articles

Understanding uncertainty: What was the probability of Obama winning?

This may seem like an odd question — after all, he’s won — but it opens up some deep philosophical issues surrounding probability. David Spiegelhalter investigates how probability can be defined.

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Common sense

A risky business: how to price derivativesIn the light of recent events, it may appear that attempting to model the behaviour of financial markets is an impossible task. However, there are mathematical models of financial processes that, when applied correctly, have proved remarkably effective. Angus Brown looks at one of these, a simple model for option pricing, and explains how it takes us on the road to the famous Black-Scholes equation of financial mathematics, which won its discoverers the 1997 Nobel Prize in Economics.

Chaos, chance and moneyWith the credit crunch dominating the news, columnists have been wailing about "chaos in the markets", and "turbulent" share prices. But what does move the markets? Are they deterministic, or a result of chance? Colva Roney-Dougal explores the maths, from chaos to group theory.

A disappearing numberMathematics takes to the stage with A disappearing number, a work by Complicite, inspired by the mathematical collaboration of Hardy and Ramanujan. Rachel Thomas went to see the play, and explains some of the maths. You can also read her interview with Victoria Gould about how the show was created.

From restaurants to climate change We live in a world full of information and it's a statistician's job to make sense of it. In this article Dianne Cook explores ways of analysing data and shows how they can be applied to anything from investigating diners' tipping behaviour to understanding climate change and genetics.

A new kind of singing starThe Sun is no longer singing solo and is now part of a stellar choir

Born from broken symmetryThe 2008 Nobel Prize in Physics has been awarded.

Swimming in mathematicsThe mathematics of foam coats Olympic swimming venue

Outer space: Pretty mean pricesHow to keep inflation down

Kissing the frog: A mathematician's guide to matingWhat's your strategy for love? Hold out for The One, or try and avoid the bad ones? How long should you wait before cutting your losses and settling down with whoever comes along next? John Billingham investigates and saves the national grid in the process.

Understanding uncertainty: How long will you live?

Well, no-one knows exactly, but using stats you can make a good guess. This article tells you how and has an interactive life expectancy calculator. Do you dare to find out?