4 ms·
In a world without statistics you have none of the risk models that underpin the insurance industry and the financial system. No health insurance. No car insur
by minimax 12y ago
In a world without statistics you have none of the risk models that underpin the insurance industry and the financial system. No health insurance. No car insurance. No life insurance. No mortgages. No credit at all, really. It would not be a very friendly place.
- scottlocklin 12y agoInsurance companies and the financial system existed a long time before statistics.