Harald G.

49%
Flag icon
two types of uncertainty: what is known as aleatory uncertainty before I flip the coin – the ‘chance’ of an unpredictable event – and epistemic uncertainty after I flip the coin – an expression of our personal ignorance about an event that is fixed but unknown. The same difference exists between a lottery ticket (where the outcome depends on chance) and a scratch card (where the outcome is already decided, but you don’t know what it is).
The Art of Statistics: Learning from Data
Rate this book
Clear rating
Open Preview