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Chapter VI: Part III

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VARIOUS APPLICATIONS OF THE THEORY OF PROBABILITY. Chh. XV-XIX.

CHAPTER XV.

INSURANCE AND GAMBLING.

§§ 1, 2. The certainties and uncertainties of life.
3-5. Insurance a means of diminishing the uncertainties.
6, 7. Gambling a means of increasing them.
8, 9. Various forms of gambling.
10, 11. _Comparison between these practices._
12-14. Proofs of the disadvantage of gambling:--
(1) on arithmetical grounds:
15, 16. _Illustration from family names._
17. (2) from the 'moral expectation'.
18, 19. _Inconclusiveness of these proofs._
20-22. _Broader questions raised by these attempts._

CHAPTER XVI.

APPLICATION OF PROBABILITY TO TESTIMONY.

§§ 1, 2. Doubtful applicability of Probability to testimony.
3. Conditions of such applicability.
4. Reasons for the above conditions.
5, 6. Are these conditions fulfilled in the case of testimony?
7. The appeal here is not directly to statistics.
8, 9. Illustrations of the above.
10, 11. Is any application of Probability to testimony valid?

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The Logic of Chance, 3rd editionChapter VI: Part III

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