Brno, Czech Republic

Probability, Statistic and Mathematical Modeling

Language: English Studies in English
Subject area: mathematics and statistics
University website: www.muni.cz/
Years of study: 4
Probability
Probability is the measure of the likelihood that an event will occur. See glossary of probability and statistics. Probability is quantified as a number between 0 and 1, where, loosely speaking, 0 indicates impossibility and 1 indicates certainty. The higher the probability of an event, the more likely it is that the event will occur. A simple example is the tossing of a fair (unbiased) coin. Since the coin is fair, the two outcomes ("heads" and "tails") are both equally probable; the probability of "heads" equals the probability of "tails"; and since no other outcomes are possible, the probability of either "heads" or "tails" is 1/2 (which could also be written as 0.5 or 50%).
Probability
As is known, the question of the objectivity or the subjectivity of probability has divided the world of science into two camps. Some maintain that there exist two types of probability, as above, others, that only the subjective exists, because regardless of what is supposed to take place, we cannot have full knowledge of it. Therefore, some lay the uncertainty of future events at the door of our knowledge of them, whereas others place it within the realm of the events themselves.
Stanisław Lem, "De Impossibilitate Vitae and De Impossibilitate Vitae Prognoscendi", in A Perfect Vacuum (1971), tr. Michael Kandel (1978).
Probability
No human being can give an eternal resolution to another or take it from him; If someone objects that then one might just as well be silent if there is no probability of winning others, he thereby has merely shown that although his life very likely thrived and prospered in probability and everyone of his undertakings in the service of probability went forward, he has never really ventured and consequently has never had or given himself the opportunity to consider that probability is an illusion, but to venture the truth is what gives human life and the human situation pith and meaning, to venture is the fountainhead of inspiration, whereas probability is the sworn enemy of enthusiasm, the mirage whereby the sensate person drags out time and keeps the eternal away, whereby he cheats God, himself, and his generation: cheats God of the honor, himself of liberating annihilation, and his generation of the equality of conditions.
Søren Kierkegaard, Four Upbuilding Discourses (31 August 1844) in Eighteen Upbuilding Discourses p. 382.
Probability
Probability is too important to be left to the experts. [...] The experts, by their very expert training and practice, often miss the obvious and distort reality seriously. [...] The desire of the experts to publish and gain credit in the eyes of their peers has distorted the development of probability theory from the needs of the average user. The comparatively late rise of the theory of probability shows how hard it is to grasp, and the many paradoxes show clearly that we, as humans, lack a well grounded intuition in the matter. Neither the intuition of the man in the street, nor the sophisticated results of the experts provides a safe basis for important actions in the world we live in.
Richard Hamming, The Art of Probability for Scientists and Engineers (1991), p. 4 [emphasis in original]
An EU-funded project paved the way for more sustainable production of fuels and petrochemical products that have hitherto stemmed from crude oils.
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