Calculus of Probabilities Quotes (1 quote)
The calculus of probabilities, when confined within just limits, ought to interest, in an equal degree, the mathematician, the experimentalist, and the statesman.
In François Arago, trans. by William Henry Smyth, Baden Powell and Robert Grant, 'Laplace', Biographies of Distinguished Scientific Men (1859), Vol. 1, 364. This comment introduces how the calculus of probabilities, being used in preparing tables of, for example, population and mortality, can give information for use by government and businesses deciding reserves for pensions, or premiums for life insurance.