Probability

Definition and stakes

Portrait of John Stuart Mill John Stuart Mill,  A System of Logic, Ratiocinative and Inductive (1843)

“ We must remember that the probability of an event is not a quality of the event itself, but a mere name for the degree of ground which we, or some one else, have for expecting it. The probability of an event to one person is a different thing from the probability of the same event to another, or to the same person after he has acquired additional evidence. The probability to me, that an individual of whom I know nothing but his name will die within the year, is totally altered by my being told the next minute that he is in the last stage of a consumption. ”
Source: Gutenberg

Get perspective with Kwize: daily news enlightened by great literature