Interpretations of Probability

Paolo Rocchi ()
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Paolo Rocchi: IBM

Chapter Chapter 1 in Janus-Faced Probability, 2014, pp 3-8 from Springer

Abstract: Abstract It may be said that the probability calculus is infiltrating almost all the areas of research and common life. Investors forecast the chances of making profits; politicians try to see the orientation of compatriots; sick persons want information about the possibility of them healing from a disease; engineers figure out the state of a construction. Probability is used in analyzing genetics, weather prediction, and a myriad of other everyday events.

Keywords: Sick Person; Probability Calculus; Logical Inconsistency; Common Life; Everyday Event (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-04861-1_1

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DOI: 10.1007/978-3-319-04861-1_1

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