language-icon Old Web
English
Sign In

Bertrand paradox (probability)

The Bertrand paradox is a problem within the classical interpretation of probability theory. Joseph Bertrand introduced it in his work Calcul des probabilités (1889) as an example to show that probabilities may not be well defined if the mechanism or method that produces the random variable is not clearly defined. The Bertrand paradox is a problem within the classical interpretation of probability theory. Joseph Bertrand introduced it in his work Calcul des probabilités (1889) as an example to show that probabilities may not be well defined if the mechanism or method that produces the random variable is not clearly defined. The Bertrand paradox goes as follows: Consider an equilateral triangle inscribed in a circle. Suppose a chord of the circle is chosen at random. What is the probability that the chord is longer than a side of the triangle?

[ "Bertrand paradox (economics)", "Statistics", "Mathematical economics" ]
Parent Topic
Child Topic
    No Parent Topic