Probability

Lars Gårding
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Lars Gårding: Mat. Inst.

Chapter 10 in Encounter with Mathematics, 1977, pp 222-239 from Springer

Abstract: Abstract The word probability has to do with probing the truth. We live in a world full of uncertainties which we try to master by making conjectures about the true state of affairs and about the future. This process is an important part of our analysis of the world around us. It is natural that we should prefer certainty. Normally, situations are classified as absolutely dangerous or absolutely harmless and danger is avoided. We move cautiously on rough ground and, as pedestrians and drivers, keep large margins of security. But this kind of classification involves risks. After two or three similar experiences of the same phenomenon we are inclined to think that it always occurs in the same way.

Keywords: Probability Measure; Probability Space; Central Limit Theorem; Stochastic Variable; Frequency Function (search for similar items in EconPapers)
Date: 1977
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DOI: 10.1007/978-1-4615-9641-7_10

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