This article, for students and teachers, is mainly about probability, the mathematical way of looking at random chance.
Heads or Tails - the prize doubles until you win it. How much would you pay to play?
Some relationships are transitive, such as `if A>B and B>C then it follows that A>C', but some are not. In a voting system, if A beats B and B beats C should we expect A to beat C?
Uncertain about the likelihood of unexpected events? You are not alone!