concept

probability

Facts (13)

Sources
Chapter 8 – Risk and Return – Fundamentals of Finance pressbooks.pub Pressbooks 3 facts
claimRisk is defined by both the probability of an outcome and the magnitude of the potential result, meaning an event with a high probability but low impact may be considered less risky than an event with a lower probability but a significant potential loss.
claimEvaluating financial risk involves analyzing two critical dimensions: the probability of different outcomes and the magnitude of potential unfavorable results.
claimExpected return is defined as an average or anticipated return based on probability.
The Impact of Cognitive Biases on Professionals' Decision-Making frontiersin.org Frontiers in Psychology 2 facts
referenceAmos Tversky and Daniel Kahneman published 'Availability: A heuristic for judging frequency and probability' in Cognitive Psychology in 1973.
claimIn a 2011 study published in the Journal of Empirical Legal Studies, J. J. Rachlinski, C. Guthrie, and A. J. Wistrich examined the relationship between probable cause, probability, and hindsight bias.
Social Epistemology - Stanford Encyclopedia of Philosophy plato.stanford.edu Stanford Encyclopedia of Philosophy Feb 26, 2001 1 fact
claimMarquis de Condorcet published 'Essai sur l’application de l’analyse à la probabilité des décisions rendues à la pluralité des voix' in 1785, which discusses the application of analysis to the probability of decisions made by majority vote.
Track: Poster Session 3 - aistats 2026 virtual.aistats.org Samuel Tesfazgi, Leonhard Sprandl, Sandra Hirche · AISTATS 1 fact
claimStandard evaluation practices in classification methods face unrecognized challenges related to combinatorics and probability.
Social Epistemology – Introduction to Philosophy - Rebus Press press.rebus.community William D. Rowley · Rebus Community 1 fact
referenceJonathan Lopez discusses the relationship between best explanation and probability in Chapter 6 of the volume 'Introduction to Philosophy: Epistemology'.
Neuro-Symbolic AI: Explainability, Challenges, and Future Trends arxiv.org arXiv Nov 7, 2024 1 fact
claimNot all human reasoning processes can be attributed to probability.
Demystifying large language models in second ... - ScienceDirect.com sciencedirect.com ScienceDirect 1 fact
claimLarge Language Models operate as an approach based on probability.
Quantum Approaches to Consciousness plato.stanford.edu Stanford Encyclopedia of Philosophy Nov 30, 2004 1 fact
referenceHans Primas authored 'Hidden determinism, probability, and time's arrow', published in 'Between Chance and Choice' in 2002.
Papers - Dr Vaishak Belle vaishakbelle.github.io 1 fact
referenceVaishak Belle authored 'Excursions in First-Order Logic and Probability: Infinitely Many Random Variables, Continuous Distributions, Recursive Programs and Beyond', published at JELIA in 2023.
Epistemology - Wikipedia en.wikipedia.org Wikipedia 1 fact
claimEvidence is often understood in terms of probability, where evidence for a belief makes it more likely that the belief is true.