Starting from a logically clear concept of probability, based on experience, using arguments which are usually called statistical, we can discover tr… - Richard von Mises

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Starting from a logically clear concept of probability, based on experience, using arguments which are usually called statistical, we can discover truth in wide domains of human interest.

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About Richard von Mises

Richard von Mises (19 April 1883, Lviv – 14 July 1953, Boston) was a scientist and mathematician who worked on solid mechanics, fluid mechanics, aerodynamics, aeronautics, statistics and probability theory. He held the position of Gordon-McKay Professor of Aerodynamics and Applied Mathematics at Harvard University.

Also Known As

Alternative Names: Richard Edler von Mises R. V. Mises
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Insurance companies nowadays apply the principle of so-called 'selection by insurance'; this means that they take into consideration the fact that persons who enter early into insurance contracts are on the average of a different type and have a different distribution of death ages from persons from persons admitted to the insurance at a more advanced age.

Remember that algebra, with all its deep and intricate problems, is nothing but a development of the four fundamental operations of arithmetic. Everyone who understands the meaning of addition, subtraction, multiplication, and division holds the key to all algebraic problems.

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