This kind of thinking is used to estimate the outcomes of a given situation by applying certain mathematical logic and equations. Some forms of probabilistic thinking are Bayesian logic, fat-tailed curves, and asymmetries. This thinking reduces the world into a probabilistic curve, with each outcome expressed in terms of its likelihood.
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Further Reading/ References
https://www.princeton.edu/~bayesway/ProbThink/
https://fs.blog/2018/05/probabilistic-thinking/
http://www.princeton.edu/~bayesway/