Probability
Probability algorithms calculate the chances of:
- events taking place
- characteristics occurring
“Probability is expectation founded upon partial knowledge. A perfect acquaintance with all the circumstances affecting the occurrence of an event would change expectation into certainty, and leave nether room nor demand for a theory of probabilities.”
“The most important questions of life are indeed, for the most part, really only problems of probability.”
“When a coincidence seems amazing, that’s because the human mind isn’t wired to naturally comprehend probability & statistics.”