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- W1486787422 abstract "In everyday life, many of us use probabilities in our language. Some of us make a living from probabilities, by developing new theory and finding new applications, by teaching others how to use them, and occasionally by writing books about them. Probabilities are used in situations that involve randomness. This chapter presents examples where we must use data to be able to assign probabilities. Probabilists love to play with coins and dice. Probability is the art of being certain of how uncertain you are. It tells you that you are as likely to get heads as you are to get tails. Probabilities can be expressed as fractions, decimal numbers, or percentages. Regardless of how probabilities are expressed, they must follow certain rules. One such rule is that a probability can never be a negative number. In the world of gambling, probabilities are often expressed by odds." @default.
- W1486787422 created "2016-06-24" @default.
- W1486787422 creator A5081146964 @default.
- W1486787422 date "2014-12-09" @default.
- W1486787422 modified "2023-09-23" @default.
- W1486787422 title "Computing Probabilities: Right Ways and Wrong Ways" @default.
- W1486787422 doi "https://doi.org/10.1002/9781118898864.ch1" @default.
- W1486787422 hasPublicationYear "2014" @default.
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