Why should this be the guiding wisdom?
From the preface of
Probability, Statistics and Truth
(1957), by one
of the 20
century pioneers of modern probability and statistics,
Richard von Mises:
The stated purpose of these [mentioned earlier] investigations is to
create a theory of induction or ‘inductive logic’.
According to the
basic viewpoint of this book, the theory of probability in its
application to reality is itself an inductive science;
its results and
formulas cannot serve to found the inductive processes as such
. . ..