Theory of probability
Albert A. Bennett
Abstract
Albert A. Bennett
Abstract
Theory of probability has found many applications, some of a practical nature, others less elementary such as in the development of statistical theories of matter. There is a mathematical theory of probability, the rules of operation of which are generally acceptable and lead to results of increasing scientific and economic significance; however, the theory still is considered to rest upon an unsatisfactory philosophical basis. This article presents a brief outline of the history of probability theory and more detailed discussions of present concepts.
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Theory of probability has found many applications, some of a practical nature, others less elementary such as in the development of statistical theories of matter. There is a mathematical theory of probability, the rules of operation of which are generally acceptable and lead to results of increasing scientific and economic significance; however, the theory still is considered to rest upon an unsatisfactory philosophical basis. This article presents a brief outline of the history of probability theory and more detailed discussions of present concepts.
Key concepts: Probability theory, Statistical theory, Computer science, Probability distribution, Rest (music), Mathematical economics, Basis (linear algebra), Imprecise probability