05 January 2019

On Probability (1700-1799)

"We define the art of conjecture, or stochastic art, as the art of evaluating as exactly as possible the probabilities of things, so that in our judgments and actions we can always base ourselves on what has been found to be the best, the most appropriate, the most certain, the best advised; this is the only object of the wisdom of the philosopher and the prudence of the statesman." (Jacob Bernoulli, "Ars Conjectandi", 1713)

"Probability is a degree of certainty and it differs from certainty as a part from a whole." (Jacob Bernoulli, "Ars Conjectandi", 1713)

"The probability of an Event is greater, or less, according to the number of Chances by which it may Happen, compar’d with the number of all the Chances, by which it may either Happen or Fail. […] Therefore, if the Probability of Happening and Failing are added together, the Sum will always be equal to Unit." (Abraham De Moivre, "The Doctrine of Chances", 1718)

"Events are independent when the happening of any one of them does neither increase nor abate the probability of the rest." (Thomas Bayes, "An Essay towards solving a Problem in the Doctrine of Chances", 1763)

"[...] the probability of any event is the ratio between the value at which an expectation depending on the happening of the event ought to be computed, and the value of the thing expected upon it's happening." (Thomas Bayes, "An Essay towards solving a Problem in the Doctrine of Chances", 1763)

"If an event can be produced by a number n of different causes, the probabilities of the existence of these causes, given the event (prises de l'événement), are to each other as the probabilities of the event, given the causes: and the probability of each cause is equal to the probability of the event, given that cause, divided by the sum of all the probabilities of the event, given each of the causes." (Pierre-Simon Laplace, "Mémoire sur la Probabilité des Causes par les Événements", 1774)

"The word ‘chance’ then expresses only our ignorance of the causes of the phenomena that we observe to occur and to succeed one another in no apparent order. Probability is relative in part to this ignorance, and in part to our knowledge." (Pierre-Simon Laplace, "Mémoire sur les Approximations des Formules qui sont Fonctions de Très Grands Nombres", 1783)

"[…] determine the probability of a future or unknown event not on the basis of the number of possible combinations resulting in this event or in its complementary event, but only on the basis of the knowledge of order of familiar previous events of this kind" (Marquis de Condorcet, "Essai sur l'application de l'analyse à la probabilité des décisions rendues à la pluralité des voix", 1785)

"The art of drawing conclusions from experiments and observations consists in evaluating probabilities and in estimating whether they are sufficiently great or numerous enough to constitute proofs. This kind of calculation is more complicated and more difficult than it is commonly thought to be […]" (Antoine-Laurent Lavoisier, cca. 1790)

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