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> The relevance of no branch of mathematics to one or other aspect of the contemporary world’s work is more wide open to dispute than is the theory of so-called probability. On the other hand, its unsavoury origin is on record. The first impetus came from a situation in which the dissolute nobility of France were competing in a race to ruin at the gaming tables.
#Probablity #MathematicsAndProbability #LancelotHogben #MathematicsForTheMillions
> .. the problem out of which the calculus took shape was therefore essentially practical.. to adjust the stakes in a game of chance.. with a rule which ensures success if applied consistently.. This is the theme song of the later treatise ( #ArsConjectandi, i.e. #ArtOfGuesswork) by #JamesBernoulli (1713) and it was the major pre-occupation of all the writers of what one may call the classical period, i.e. de Moivre, D. #Bernoulli, d’Alembert, and #Euler.
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