Category Practical Maths

Using Maths to understand the world.

Insight, Practical Maths

How likely are you to win the National Lottery?

Many people know that the odds of winning the lottery are astronomically low with the probability of winning a standard 49 ball lottery with six numbers to pick being 1/13,983,816 or 0.00000715%. But what if that wasn’t the only way…

Dan Bailey
September 2, 2022

Insight, Practical Maths

How casinos make money

Casinos make money by giving it away when gamblers win their bets. Find out how they manage to balance making betting look attractive and make money.

Dan Bailey
June 17, 2022

Insight, Practical Maths

Regression analysis for PR and communications data

Regression analysis for PR and communications X axis and Y axis

One of the most common mistakes people make when analysing or interpreting data is to make assumptions about what they think they are seeing, rather than what the data really says. Suppose you have a lot of PR and communications…

Dan Bailey
February 19, 2022