Karthik Shashidhar

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Jacob concludes that “we can determine the number of instances a posteriori with almost as great accuracy as if they were know to us a priori.”6 His calculations indicate that 25,550 drawings from the jar would suffice to show, with a chance exceeding 1000/1001, that the result would be within 2% of the true ratio of 3:2. That’s moral certainty for you.
Against the Gods: The Remarkable Story of Risk
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