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Nick Beaver

Data Analysis Portfolio

Tag: Statistics

There is No Such Thing as “Randomness” in Trading Card Games

March 16, 2025

Randomness Does Not Exist An event is random only if it is unknown (in its totality). A state is random if it is unknown. Randomness is thus a synonym for unknown. —William Briggs, Uncertainty: The Soul of Modeling, Probability & Statistics “Randomness” does not exist. It does not exist anywhere. It certainly, then, does not …read more.

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"A wise man... apportions his belief to the evidence."
—David Hume, An Enquiry Concerning Human Understanding

“Probability... is the acceptance of the lack of certainty in our knowledge and the development of methods for dealing with our ignorance.”
― Nassim Nicholas Taleb, Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets

"[T]he only thing we can ever know with certainty is: what is our state of knowledge?"

—E.T. Jaynes, Probability Theory: the Logic of Science

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