
Thinker
Gottlob Frege
“A statement about probability is a statement about a ratio.”
Business — practical interpretation
Replace gut feelings with probability estimates. Saying something is 'likely' without a number is guessing.

Thinker
“A statement about probability is a statement about a ratio.”
Replace gut feelings with probability estimates. Saying something is 'likely' without a number is guessing.
The quotation is attributed to Gottlob Frege. The Business and Personal notes are modern practical interpretations.