What is a Random Walk?

Random Walks are used in finance, computer science, psychology, biology and dozens of other scientific fields. They’re one of the most frequently used mathematical processes. So exactly what are Random Walks and how do they work?

Can a Chess Piece Explain Markov Chains?

In this episode probability mathematics and chess collide. What is the average number of steps it would take before a randomly moving knight returned to its starting square?

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