The study of knowledge and justified belief within a... - Deepstash

The study of knowledge and justified belief within a degreed framework using formal methods, especially probability theory with emphasis on Bayes’s theorem.

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Centers of Progress

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Thomas Bayes'd thought experiment

Thomas Bayes'd thought experiment

He wondered how he could predict the probability of a future event if he only knew how many times it had occurred, or not, in the past. Bayes figured out that even when it comes to uncertain outcomes, we can update our knowledge by incorporating new, relevant information as it becomes available.

Risk identification techniques

One method is to ask the people with knowledge about the functioning of the organization, what could go wrong. It can be done using brainstorming, questionnaires, self-reporting etc. 

The second class of methods are more analytical and engineering methods. These methods are used to find hidden c...

Application of Knowledge and Wisdom

  • Wisdom is related to knowledge, just as practice is related to theory. Wisdom is intrinsic whereas knowledge comes from external sources.
  • Application of wisdom requires more than facts and data, like speculations, feelings, moral and ethical values. Applying knowledge is a much simp...

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