John Maynard Keynes Quote

But to argue, without analysis of the instances, from the mere fact that a given event has a frequency of 10 percent in the thousand instances under observation, or even in a million instances, that it is likely to have a frequency near to 1/10 in a further set of observations, is hardly an argument at all.


Treatise on Probability - Chapter XXXIII (p. 407)


But to argue, without analysis of the instances, from the mere fact that a given event has a frequency of 10 percent in the thousand instances under...

But to argue, without analysis of the instances, from the mere fact that a given event has a frequency of 10 percent in the thousand instances under...

But to argue, without analysis of the instances, from the mere fact that a given event has a frequency of 10 percent in the thousand instances under...

But to argue, without analysis of the instances, from the mere fact that a given event has a frequency of 10 percent in the thousand instances under...