Is degree of certainty a valid theory in probability?

[sneez]

i found this link and this guy claims there is something called degree of certainty in probability. However, it does not show up in any math book i own. is it valid theory or at least sound?

link with description: http://www.saliu.com/Saliu2.htm

sneez

 

[0rthodontist]

It looks like he just means "probability."

 

[HallsofIvy]

Unfortunately, while his formula involves "degree of certainty" and, in several examples, he gives the "degree of certainty", he never bothers to actually define "degree of certainty"!

 

[sneez]

i found degree of certainty in paragraph 4:

4. Ion Saliu's Paradox Or Problem Of N Trials
...[..]...

A step in the Fundamental Formula of Gambling leads to this relation:

DC = 1 — 1/e

The limit {1 — (1/e)} is approximately 0.63212055...