As every bookie knows instinctively, a number such as reliability - a qualitative rather than a quantitative measure - is needed to make the valuation of information practically useful. (Hans Christian von Baeyer)

As every bookie knows instinctively, a number such as reliability - a qualitative rather than a quantitative measure - is needed to make the valuation of information practically useful.

Hans Christian von Baeyer

Related topics

information measure number qualitative reliability valuation bookie

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