While the moralists have boldly asserted that the service of the goddess Chance leads to a complete demoralisation of her worshippers... the mathemat… - Karl Pearson
" "While the moralists have boldly asserted that the service of the goddess Chance leads to a complete demoralisation of her worshippers... the mathematicians... start from the hypothesis that gambling is a game of chance—chance being defined in their own perfectly clear and definite sense. My object... is to show that chance in this sense... as it applies to the tossing of an unloaded coin, has no application to Monte Carlo .
About Karl Pearson
Karl Pearson (27 March 1857 – 27 April 1936) was an influential English mathematician and biostatistician. He founded the world's first university statistics department at University College London in 1911.
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Additional quotes by Karl Pearson
[W]e find out of 16,019 trials, 8053 red numbers instead of 8009 or 8010. We have a deviation of 43 to 44. The standard deviation is about 63; a deviation as great as or greater than 44 would occur in about half the number of times in which 16,019 returns were examined. It presents therefore nothing of the remarkable or improbable.
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