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Telling a story can be more useful than cold, hard maths

In a high-profile legal case last week, the jury asked the judge to explain what was meant by the term “beyond reasonable doubt”. As is the custom of the English courts, the judge refused to clarify.

But the jurors’ question is legitimate, and the attempt to answer it reveals much, not just about the law, but the analysis of complex problems. English law recognises two principal standards of proof. The criminal test is that a charge must be “beyond reasonable doubt”, while civil cases are decided on “the balance of probabilities”.

The meaning of these terms would seem obvious to anyone trained in basic statistics. Scientists think in terms of confidence intervals – they are inclined to accept a hypothesis if the probability that it is true exceeds 95 per cent. “Beyond reasonable doubt” appears to be a claim that there is a high probability that the hypothesis – the defendant’s guilt – is true. Perhaps criminal conviction requires a higher standard than the scientific norm – 99 per cent or even 99.9 per cent confidence is required to throw you in jail. “On the balance of probabilities” must surely mean that the probability the claim is well founded exceeds 50 per cent.

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约翰•凯

约翰•凯(John Kay)从1995年开始为英国《金融时报》撰写manbetx20客户端下载 和商业的专栏。他曾经任教于伦敦商学院和牛津大学。目前他在伦敦manbetx20客户端下载 学院担任访问学者。他有着非常辉煌的从商经历,曾经创办和壮大了一家咨询公司,然后将其转售。约翰•凯著述甚丰,其中包括《企业成功的基础》(Foundations of Corporate Success, 1993)、《市场的真相》(The Truth about Markets, 2003)和近期的《金融投资指南》(The Long and the Short of It: finance and investment for normally intelligent people who are not in the industry)。

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