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<span id="openzim-page-title" class="mw-page-title-main"><span class="mw-page-title-main">Probability interpretations</span></span>
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</p><p>The word "<a href="Probability" title="Probability">probability</a>" has been used in a variety of ways since it was first applied to the mathematical study of <a href="Games_of_chance" class="mw-redirect" title="Games of chance">games of chance</a>. Does probability measure the real, physical, tendency of something to occur, or is it a measure of how strongly one believes it will occur, or does it draw on both these elements? In answering such questions, mathematicians interpret the probability values of <a href="Probability_theory" title="Probability theory">probability theory</a>.
</p><p>There are two broad categories<sup id="cite_ref-SEPIP_1-0" class="reference"><a href="#cite_note-SEPIP-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">[</span>a<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-de_Elía_3-0" class="reference"><a href="#cite_note-de_Elía-3"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> of <b>probability interpretations</b> which can be called "physical" and "evidential" probabilities. Physical probabilities, which are also called objective or <a href="Frequency_probability" class="mw-redirect" title="Frequency probability">frequency probabilities</a>, are associated with random physical systems such as roulette wheels, rolling dice and radioactive atoms. In such systems, a given type of event (such as a die yielding a six) tends to occur at a persistent rate, or "relative frequency", in a long run of trials. Physical probabilities either explain, or are invoked to explain, these stable frequencies. The two main kinds of theory of physical probability are <a href="Frequency_probability" class="mw-redirect" title="Frequency probability">frequentist</a> accounts (such as those of Venn,<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">[</span>3<span class="cite-bracket">]</span></a></sup> Reichenbach<sup id="cite_ref-5" class="reference"><a href="#cite_note-5"><span class="cite-bracket">[</span>4<span class="cite-bracket">]</span></a></sup> and von Mises)<sup id="cite_ref-6" class="reference"><a href="#cite_note-6"><span class="cite-bracket">[</span>5<span class="cite-bracket">]</span></a></sup> and <a href="Propensity_probability" title="Propensity probability">propensity</a> accounts (such as those of Popper, Miller, Giere and Fetzer).<sup id="cite_ref-row_7-0" class="reference"><a href="#cite_note-row-7"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup>
</p><p>Evidential probability, also called <a href="Bayesian_probability" title="Bayesian probability">Bayesian probability</a>, can be assigned to any statement whatsoever, even when no random process is involved, as a way to represent its subjective plausibility, or the degree to which the statement is supported by the available evidence. On most accounts, evidential probabilities are considered to be degrees of belief, defined in terms of dispositions to gamble at certain odds. The four main evidential interpretations are the classical (e.g. Laplace's)<sup id="cite_ref-LaPlace_8-0" class="reference"><a href="#cite_note-LaPlace-8"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup> interpretation, the subjective interpretation (<a href="Bruno_de_Finetti" title="Bruno de Finetti">de Finetti</a><sup id="cite_ref-deF_9-0" class="reference"><a href="#cite_note-deF-9"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> and Savage),<sup id="cite_ref-savage_10-0" class="reference"><a href="#cite_note-savage-10"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup> the epistemic or inductive interpretation (<a href="Frank_P._Ramsey" class="mw-redirect" title="Frank P. Ramsey">Ramsey</a>,<sup id="cite_ref-ramsey_11-0" class="reference"><a href="#cite_note-ramsey-11"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> <a href="Richard_Threlkeld_Cox" title="Richard Threlkeld Cox">Cox</a>)<sup id="cite_ref-12" class="reference"><a href="#cite_note-12"><span class="cite-bracket">[</span>11<span class="cite-bracket">]</span></a></sup> and the logical interpretation (<a href="John_Maynard_Keynes" title="John Maynard Keynes">Keynes</a><sup id="cite_ref-keynes_13-0" class="reference"><a href="#cite_note-keynes-13"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup> and <a href="Rudolf_Carnap" title="Rudolf Carnap">Carnap</a>).<sup id="cite_ref-carnap_14-0" class="reference"><a href="#cite_note-carnap-14"><span class="cite-bracket">[</span>13<span class="cite-bracket">]</span></a></sup> There are also evidential interpretations of probability covering groups, which are often labelled as 'intersubjective' (proposed by <a href="Donald_A._Gillies" title="Donald A. Gillies">Gillies</a><sup id="cite_ref-gil_15-0" class="reference"><a href="#cite_note-gil-15"><span class="cite-bracket">[</span>14<span class="cite-bracket">]</span></a></sup> and Rowbottom).<sup id="cite_ref-row_7-1" class="reference"><a href="#cite_note-row-7"><span class="cite-bracket">[</span>6<span class="cite-bracket">]</span></a></sup>
</p><p>Some interpretations of probability are associated with approaches to <a href="Statistical_inference" title="Statistical inference">statistical inference</a>, including theories of <a href="Estimation_theory" title="Estimation theory">estimation</a> and <a href="Statistical_hypothesis_testing" class="mw-redirect" title="Statistical hypothesis testing">hypothesis testing</a>. The physical interpretation, for example, is taken by followers of "frequentist" statistical methods, such as <a href="Ronald_Fisher" title="Ronald Fisher">Ronald Fisher</a>, <a href="Jerzy_Neyman" title="Jerzy Neyman">Jerzy Neyman</a> and <a href="Egon_Pearson" title="Egon Pearson">Egon Pearson</a>. Statisticians of the opposing <a href="Bayesian_probability" title="Bayesian probability">Bayesian</a> school typically accept the frequency interpretation when it makes sense (although not as a definition), but there is less agreement regarding physical probabilities. Bayesians consider the calculation of evidential probabilities to be both valid and necessary in statistics. This article, however, focuses on the interpretations of probability rather than theories of statistical inference.
</p><p>The terminology of this topic is rather confusing, in part because probabilities are studied within a variety of academic fields. The word "frequentist" is especially tricky. To philosophers it refers to a particular theory of physical probability, one that has more or less been abandoned. To scientists, on the other hand, "<a href="Frequentist_probability" title="Frequentist probability">frequentist probability</a>" is just another name for physical (or objective) probability. Those who promote <a href="Bayesian_inference" title="Bayesian inference">Bayesian inference</a> view "<a href="Frequentist_statistics" class="mw-redirect" title="Frequentist statistics">frequentist statistics</a>" as an approach to statistical inference that is based on the frequency interpretation of probability, usually relying on the <a href="Law_of_large_numbers" title="Law of large numbers">law of large numbers</a> and characterized by what is called 'Null Hypothesis Significance Testing' (NHST). Also the word "objective", as applied to probability, sometimes means exactly what "physical" means here, but is also used of evidential probabilities that are fixed by rational constraints, such as logical and epistemic probabilities.
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</style><blockquote class="templatequote"><p>It is unanimously agreed that statistics depends somehow on probability. But, as to what probability is and how it is connected with statistics, there has seldom been such complete disagreement and breakdown of communication since the Tower of Babel. Doubtless, much of the disagreement is merely terminological and would disappear under sufficiently sharp analysis.</p></blockquote><div class="templatequotecite"><p style="display: inline; padding-left: 2.3em;">— Savage, 1954, p. 2<sup id="cite_ref-savage_10-1" class="reference"><a href="#cite_note-savage-10"><span class="cite-bracket">[</span>9<span class="cite-bracket">]</span></a></sup></p></div>
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<div class="mw-heading mw-heading2"><h2 id="Philosophy">Philosophy</h2></div>
<p>The <b>philosophy of probability</b> presents problems chiefly in matters of <a href="Epistemology" title="Epistemology">epistemology</a> and the uneasy interface between <a href="Mathematics" title="Mathematics">mathematical</a> concepts and ordinary language as it is used by non-mathematicians.
<a href="Probability_theory" title="Probability theory">Probability theory</a> is an established field of study in mathematics. It has its origins in correspondence discussing the mathematics of <a href="Games_of_chance" class="mw-redirect" title="Games of chance">games of chance</a> between <a href="Blaise_Pascal" title="Blaise Pascal">Blaise Pascal</a> and <a href="Pierre_de_Fermat" title="Pierre de Fermat">Pierre de Fermat</a> in the seventeenth century,<sup id="cite_ref-16" class="reference"><a href="#cite_note-16"><span class="cite-bracket">[</span>15<span class="cite-bracket">]</span></a></sup> and was formalized and rendered <a href="Axiom" title="Axiom">axiomatic</a> as a distinct branch of mathematics by <a href="Andrey_Kolmogorov" title="Andrey Kolmogorov">Andrey Kolmogorov</a> in the twentieth century. In axiomatic form, mathematical statements about probability theory carry the same sort of epistemological confidence within the <a href="Philosophy_of_mathematics" title="Philosophy of mathematics">philosophy of mathematics</a> as are shared by other mathematical statements.<sup id="cite_ref-17" class="reference"><a href="#cite_note-17"><span class="cite-bracket">[</span>16<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-18" class="reference"><a href="#cite_note-18"><span class="cite-bracket">[</span>17<span class="cite-bracket">]</span></a></sup>
</p><p>The mathematical analysis originated in observations of the behaviour of game equipment such as <a href="Playing_card" title="Playing card">playing cards</a> and <a href="Dice" title="Dice">dice</a>, which are designed specifically to introduce random and equalized elements; in mathematical terms, they are subjects of <a href="Principle_of_indifference" title="Principle of indifference">indifference</a>. This is not the only way probabilistic statements are used in ordinary human language: when people say that "<i>it will probably rain</i>", they typically do not mean that the outcome of rain versus not-rain is a random factor that the odds currently favor; instead, such statements are perhaps better understood as qualifying their expectation of rain with a degree of confidence. Likewise, when it is written that "the most probable explanation" of the name of <a href="Ludlow%2C_Massachusetts" title="Ludlow, Massachusetts">Ludlow, Massachusetts</a> "is that it was named after <a href="Roger_Ludlow" title="Roger Ludlow">Roger Ludlow</a>", what is meant here is not that Roger Ludlow is favored by a random factor, but rather that this is the most plausible explanation of the evidence, which admits other, less likely explanations.
</p><p><a href="Thomas_Bayes" title="Thomas Bayes">Thomas Bayes</a> attempted to provide a <a href="Logic" title="Logic">logic</a> that could handle varying degrees of confidence; as such, <a href="Bayesian_probability" title="Bayesian probability">Bayesian probability</a> is an attempt to recast the representation of probabilistic statements as an expression of the degree of confidence by which the beliefs they express are held.
</p><p>Though probability initially had somewhat mundane motivations, its modern influence and use is widespread ranging from <a href="Evidence-based_medicine" title="Evidence-based medicine">evidence-based medicine</a>, through <a href="Six_sigma" class="mw-redirect" title="Six sigma">six sigma</a>, all the way to the <a href="Probabilistically_checkable_proof" title="Probabilistically checkable proof">probabilistically checkable proof</a> and the <a href="String_theory_landscape" title="String theory landscape">string theory landscape</a>.
</p>
<table class="wikitable" style="text-align: center;">
<caption>A summary of some interpretations of probability <sup id="cite_ref-de_Elía_3-1" class="reference"><a href="#cite_note-de_Elía-3"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup>
</caption>
<tbody><tr>
<th scope="col">
</th>
<th scope="col">Classical
</th>
<th scope="col">Frequentist
</th>
<th scope="col">Subjective
</th>
<th scope="col">Propensity
</th></tr>
<tr>
<th scope="row">Main hypothesis
</th>
<td>Principle of indifference</td>
<td>Frequency of occurrence</td>
<td>Degree of belief</td>
<td>Degree of causal connection
</td></tr>
<tr>
<th scope="row">Conceptual basis
</th>
<td>Hypothetical symmetry</td>
<td>Past data and reference class</td>
<td>Knowledge and intuition</td>
<td>Present state of system
</td></tr>
<tr>
<th scope="row">Conceptual approach
</th>
<td>Conjectural</td>
<td>Empirical</td>
<td>Subjective</td>
<td>Metaphysical
</td></tr>
<tr>
<th scope="row">Single case possible
</th>
<td>Yes</td>
<td>No</td>
<td>Yes</td>
<td>Yes
</td></tr>
<tr>
<th scope="row">Precise
</th>
<td>Yes</td>
<td>No</td>
<td>No</td>
<td>Yes
</td></tr>
<tr>
<th scope="row">Problems
</th>
<td>Ambiguity in principle of indifference</td>
<td>Circular definition</td>
<td>Reference class problem</td>
<td>Disputed concept
</td></tr></tbody></table>
<div class="mw-heading mw-heading2"><h2 id="Classical_definition">Classical definition</h2></div>
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</style><div role="note" class="hatnote navigation-not-searchable">Main article: <a href="Classical_definition_of_probability" title="Classical definition of probability">Classical definition of probability</a></div>
<p>The first attempt at mathematical rigour in the field of probability, championed by <a href="Pierre-Simon_Laplace" title="Pierre-Simon Laplace">Pierre-Simon Laplace</a>, is now known as the <b>classical definition</b>. Developed from studies of games of chance (such as rolling <a href="Dice" title="Dice">dice</a>) it states that probability is shared equally between all the possible outcomes, provided these outcomes can be deemed equally likely.<sup id="cite_ref-SEPIP_1-1" class="reference"><a href="#cite_note-SEPIP-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> (3.1)
</p>
<blockquote class="templatequote"><p>The theory of chance consists in reducing all the events of the same kind to a certain number of cases equally possible, that is to say, to such as we may be equally undecided about in regard to their existence, and in determining the number of cases favorable to the event whose probability is sought. The ratio of this number to that of all the cases possible is the measure of this probability, which is thus simply a fraction whose numerator is the number of favorable cases and whose denominator is the number of all the cases possible.</p></blockquote><div class="templatequotecite"><p style="display: inline; padding-left: 2.3em;">— Pierre-Simon Laplace, A Philosophical Essay on Probabilities<sup id="cite_ref-LaPlace_8-1" class="reference"><a href="#cite_note-LaPlace-8"><span class="cite-bracket">[</span>7<span class="cite-bracket">]</span></a></sup></p></div>
<div style="clear:both;" class=""></div>

<p>This can be represented mathematically as follows:
If a random experiment can result in <i>N</i> mutually exclusive and equally likely outcomes and if <i>N<sub>A</sub></i> of these outcomes result in the occurrence of the event <i>A</i>, the <b>probability of <i>A</i></b> is defined by
</p>
<dl><dd><span class="mwe-math-element mwe-math-element-inline"><span class="mwe-math-mathml-inline mwe-math-mathml-a11y" style="display: none;"><math xmlns="http://www.w3.org/1998/Math/MathML" alttext="{\displaystyle P(A)={N_{A} \over N}.}">
<semantics>
<mrow class="MJX-TeXAtom-ORD">
<mstyle displaystyle="true" scriptlevel="0">
<mi>P</mi>
<mo stretchy="false">(</mo>
<mi>A</mi>
<mo stretchy="false">)</mo>
<mo>=</mo>
<mrow class="MJX-TeXAtom-ORD">
<mfrac>
<msub>
<mi>N</mi>
<mrow class="MJX-TeXAtom-ORD">
<mi>A</mi>
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<mi>N</mi>
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<mo>.</mo>
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<annotation encoding="application/x-tex">{\displaystyle P(A)={N_{A} \over N}.}</annotation>
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</math></span><img src="./d9cfd2dc34d1cb446f6f2ec40d82ba70cbc86abc.svg" class="mwe-math-fallback-image-inline mw-invert skin-invert" aria-hidden="true" style="vertical-align: -1.838ex; width:13.21ex; height:5.343ex;" alt="{\displaystyle P(A)={N_{A} \over N}.}" loading="lazy"></span></dd></dl>
<p>There are two clear limitations to the classical definition.<sup id="cite_ref-Spanos_19-0" class="reference"><a href="#cite_note-Spanos-19"><span class="cite-bracket">[</span>18<span class="cite-bracket">]</span></a></sup> Firstly, it is applicable only to situations in which there is only a 'finite' number of possible outcomes. But some important random experiments, such as <a href="Coin_flipping" title="Coin flipping">tossing a coin</a> until it shows heads, give rise to an <a href="Infinity" title="Infinity">infinite</a> set of outcomes. And secondly, it requires an a priori determination that all possible outcomes are equally likely without falling in a trap of <a href="Circular_reasoning" title="Circular reasoning">circular reasoning</a> by relying on the notion of probability. (In using the terminology "we may be equally undecided", Laplace assumed, by what has been called the "<a href="Principle_of_insufficient_reason" class="mw-redirect" title="Principle of insufficient reason">principle of insufficient reason</a>", that all possible outcomes are equally likely if there is no known reason to assume otherwise, for which there is no obvious justification.<sup id="cite_ref-20" class="reference"><a href="#cite_note-20"><span class="cite-bracket">[</span>19<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-21" class="reference"><a href="#cite_note-21"><span class="cite-bracket">[</span>20<span class="cite-bracket">]</span></a></sup>)
</p>
<div class="mw-heading mw-heading2"><h2 id="Frequentism">Frequentism</h2></div>

<div role="note" class="hatnote navigation-not-searchable">Main article: <a href="Frequency_probability" class="mw-redirect" title="Frequency probability">Frequency probability</a></div>
<p>Frequentists posit that the probability of an event is its relative frequency over time,<sup id="cite_ref-SEPIP_1-2" class="reference"><a href="#cite_note-SEPIP-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> (3.4) i.e., its relative frequency of occurrence after repeating a process a large number of times under similar conditions. This is also known as aleatory probability. The events are assumed to be governed by some <a href="Randomness" title="Randomness">random</a> physical phenomena, which are either phenomena that are predictable, in principle, with sufficient information (see <a href="Determinism" title="Determinism">determinism</a>); or phenomena which are essentially unpredictable. Examples of the first kind include tossing <a href="Dice" title="Dice">dice</a> or spinning a <a href="Roulette" title="Roulette">roulette</a> wheel; an example of the second kind is <a href="Radioactive_decay" title="Radioactive decay">radioactive decay</a>. In the case of tossing a fair coin, frequentists say that the probability of getting a heads is 1/2, not because there are two equally likely outcomes but because repeated series of large numbers of trials demonstrate that the empirical frequency converges to the limit 1/2 as the number of trials goes to infinity.
</p><p>If we denote by <span class="mwe-math-element mwe-math-element-inline"><span class="mwe-math-mathml-inline mwe-math-mathml-a11y" style="display: none;"><math xmlns="http://www.w3.org/1998/Math/MathML" alttext="{\displaystyle \textstyle n_{a}}">
<semantics>
<mrow class="MJX-TeXAtom-ORD">
<mstyle displaystyle="true" scriptlevel="0">
<mstyle displaystyle="false" scriptlevel="0">
<msub>
<mi>n</mi>
<mrow class="MJX-TeXAtom-ORD">
<mi>a</mi>
</mrow>
</msub>
</mstyle>
</mstyle>
</mrow>
<annotation encoding="application/x-tex">{\displaystyle \textstyle n_{a}}</annotation>
</semantics>
</math></span><img src="./22d3d7ffac419106a39c44bc681e5237bde8afe7.svg" class="mwe-math-fallback-image-inline mw-invert skin-invert" aria-hidden="true" style="vertical-align: -0.671ex; width:2.497ex; height:2.009ex;" alt="{\displaystyle \textstyle n_{a}}" loading="lazy"></span> the number of occurrences of an event <span class="mwe-math-element mwe-math-element-inline"><span class="mwe-math-mathml-inline mwe-math-mathml-a11y" style="display: none;"><math xmlns="http://www.w3.org/1998/Math/MathML" alttext="{\displaystyle {\mathcal {A}}}">
<semantics>
<mrow class="MJX-TeXAtom-ORD">
<mstyle displaystyle="true" scriptlevel="0">
<mrow class="MJX-TeXAtom-ORD">
<mrow class="MJX-TeXAtom-ORD">
<mi class="MJX-tex-caligraphic" mathvariant="script">A</mi>
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<annotation encoding="application/x-tex">{\displaystyle {\mathcal {A}}}</annotation>
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</math></span><img src="./280ae03440942ab348c2ca9b8db6b56ffa9618f8.svg" class="mwe-math-fallback-image-inline mw-invert skin-invert" aria-hidden="true" style="vertical-align: -0.338ex; width:1.903ex; height:2.343ex;" alt="{\displaystyle {\mathcal {A}}}" loading="lazy"></span> in <span class="mwe-math-element mwe-math-element-inline"><span class="mwe-math-mathml-inline mwe-math-mathml-a11y" style="display: none;"><math xmlns="http://www.w3.org/1998/Math/MathML" alttext="{\displaystyle \textstyle n}">
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<annotation encoding="application/x-tex">{\displaystyle \textstyle n}</annotation>
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</math></span><img src="./6f305e136d6d5ea97d6abc8d333894f20f297ed4.svg" class="mwe-math-fallback-image-inline mw-invert skin-invert" aria-hidden="true" style="vertical-align: -0.338ex; width:1.395ex; height:1.676ex;" alt="{\displaystyle \textstyle n}" loading="lazy"></span> trials, then if <span class="mwe-math-element mwe-math-element-inline"><span class="mwe-math-mathml-inline mwe-math-mathml-a11y" style="display: none;"><math xmlns="http://www.w3.org/1998/Math/MathML" alttext="{\displaystyle \lim _{n\to +\infty }{n_{a} \over n}=p}">
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<mi>n</mi>
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<mi>a</mi>
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<mi>n</mi>
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<mo>=</mo>
<mi>p</mi>
</mstyle>
</mrow>
<annotation encoding="application/x-tex">{\displaystyle \lim _{n\to +\infty }{n_{a} \over n}=p}</annotation>
</semantics>
</math></span><img src="./f91b8c9776d68b71675aedd039726ca9fd6f296a.svg" class="mwe-math-fallback-image-inline mw-invert skin-invert" aria-hidden="true" style="vertical-align: -2.005ex; width:13.539ex; height:4.843ex;" alt="{\displaystyle \lim _{n\to +\infty }{n_{a} \over n}=p}" loading="lazy"></span> we say that <i><span class="mwe-math-element mwe-math-element-inline"><span class="mwe-math-mathml-inline mwe-math-mathml-a11y" style="display: none;"><math xmlns="http://www.w3.org/1998/Math/MathML" alttext="{\displaystyle \textstyle P({\mathcal {A}})=p}">
<semantics>
<mrow class="MJX-TeXAtom-ORD">
<mstyle displaystyle="true" scriptlevel="0">
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<mi>P</mi>
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<annotation encoding="application/x-tex">{\displaystyle \textstyle P({\mathcal {A}})=p}</annotation>
</semantics>
</math></span><img src="./c895908546fd8ea47f9f60fd09fcf863f0a54fb8.svg" class="mwe-math-fallback-image-inline mw-invert skin-invert" aria-hidden="true" style="vertical-align: -0.838ex; width:9.726ex; height:2.843ex;" alt="{\displaystyle \textstyle P({\mathcal {A}})=p}" loading="lazy"></span></i>.
</p><p>The frequentist view has its own problems. It is of course impossible to actually perform an infinity of repetitions of a random experiment to determine the probability of an event. But if only a finite number of repetitions of the process are performed, different relative frequencies will appear in different series of trials. If these relative frequencies are to define the probability, the probability will be slightly different every time it is measured. But the real probability should be the same every time. If we acknowledge the fact that we only can measure a probability with some error of measurement attached, we still get into problems as the error of measurement can only be expressed as a probability, the very concept we are trying to define. This renders even the frequency definition circular; see for example “<a rel="nofollow" class="external text" href="https://www.stat.berkeley.edu/~stark/Preprints/611.pdf">What is the Chance of an Earthquake?</a>”<sup id="cite_ref-22" class="reference"><a href="#cite_note-22"><span class="cite-bracket">[</span>21<span class="cite-bracket">]</span></a></sup>
</p>
<div class="mw-heading mw-heading2"><h2 id="Subjectivism">Subjectivism</h2></div>
<div role="note" class="hatnote navigation-not-searchable">Main article: <a href="Bayesian_probability" title="Bayesian probability">Bayesian probability</a></div>
<p>Subjectivists, also known as <b>Bayesians</b> or followers of <b>epistemic probability</b>, give the notion of probability a subjective status by regarding it as a measure of the 'degree of belief' of the individual assessing the uncertainty of a particular situation. <a href="Epistemic" class="mw-redirect" title="Epistemic">Epistemic</a> or subjective probability is sometimes called <b><a href="Credence_(statistics)" title="Credence (statistics)">credence</a></b>, as opposed to the term <b>chance</b> for a propensity probability. Some examples of epistemic probability are to assign a probability to the proposition that a proposed law of physics is true or to determine how probable it is that a suspect committed a crime, based on the evidence presented. The use of Bayesian probability raises the philosophical debate as to whether it can contribute valid <a href="Theory_of_justification" class="mw-redirect" title="Theory of justification">justifications</a> of <a href="Belief" title="Belief">belief</a>. Bayesians point to the work of <a href="Frank_P._Ramsey" class="mw-redirect" title="Frank P. Ramsey">Ramsey</a><sup id="cite_ref-ramsey_11-1" class="reference"><a href="#cite_note-ramsey-11"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> (p 182) and <a href="Bruno_de_Finetti" title="Bruno de Finetti">de Finetti</a><sup id="cite_ref-deF_9-1" class="reference"><a href="#cite_note-deF-9"><span class="cite-bracket">[</span>8<span class="cite-bracket">]</span></a></sup> (p 103) as proving that subjective beliefs must follow the <a href="Laws_of_probability" class="mw-redirect" title="Laws of probability">laws of probability</a> if they are to be coherent.<sup id="cite_ref-23" class="reference"><a href="#cite_note-23"><span class="cite-bracket">[</span>22<span class="cite-bracket">]</span></a></sup> Evidence casts doubt that humans will have coherent beliefs.<sup id="cite_ref-24" class="reference"><a href="#cite_note-24"><span class="cite-bracket">[</span>23<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-25" class="reference"><a href="#cite_note-25"><span class="cite-bracket">[</span>24<span class="cite-bracket">]</span></a></sup> The use of Bayesian probability involves specifying a <a href="Prior_probability" title="Prior probability">prior probability</a>. This may be obtained from consideration of whether the required prior probability is greater or lesser than a reference probability associated with an <a href="Urn_model" class="mw-redirect" title="Urn model">urn model</a> or a <a href="Thought_experiment" title="Thought experiment">thought experiment</a>. The issue is that for a given problem, multiple thought experiments could apply, and choosing one is a matter of judgement: different people may assign different prior probabilities, known as the <a href="Reference_class_problem" title="Reference class problem">reference class problem</a>. The "<a href="Sunrise_problem" title="Sunrise problem">sunrise problem</a>" provides an example.
</p>
<div class="mw-heading mw-heading2"><h2 id="Propensity">Propensity</h2></div>
<div role="note" class="hatnote navigation-not-searchable">Main article: <a href="Propensity_probability" title="Propensity probability">Propensity probability</a></div>
<p>Propensity theorists think of probability as a physical propensity, or disposition, or tendency of a given type of physical situation to yield an outcome of a certain kind or to yield a long run relative frequency of such an outcome.<sup id="cite_ref-26" class="reference"><a href="#cite_note-26"><span class="cite-bracket">[</span>25<span class="cite-bracket">]</span></a></sup> This kind of objective probability is sometimes called 'chance'.
</p><p>Propensities, or chances, are not relative frequencies, but purported causes of the observed stable relative frequencies. Propensities are invoked to explain why repeating a certain kind of experiment will generate given outcome types at persistent rates, which are known as propensities or chances. Frequentists are unable to take this approach, since relative frequencies do not exist for single tosses of a coin, but only for large ensembles or collectives (see "single case possible" in the table above).<sup id="cite_ref-de_Elía_3-2" class="reference"><a href="#cite_note-de_Elía-3"><span class="cite-bracket">[</span>2<span class="cite-bracket">]</span></a></sup> In contrast, a propensitist is able to use the <a href="Law_of_large_numbers" title="Law of large numbers">law of large numbers</a> to explain the behaviour of long-run frequencies. This law, which is a consequence of the axioms of probability, says that if (for example) a coin is tossed repeatedly many times, in such a way that its probability of landing heads is the same on each toss, and the outcomes are probabilistically independent, then the relative frequency of heads will be close to the probability of heads on each single toss. This law allows that stable long-run frequencies are a manifestation of invariant <i>single-case</i> probabilities. In addition to explaining the emergence of stable relative frequencies, the idea of propensity is motivated by the desire to make sense of single-case probability attributions in quantum mechanics, such as the probability of <a href="Radioactive_decay" title="Radioactive decay">decay</a> of a particular <a href="Atom" title="Atom">atom</a> at a particular time.
</p><p>The main challenge facing propensity theories is to say exactly what propensity means. (And then, of course, to show that propensity thus defined has the required properties.) At present, unfortunately, none of the well-recognised accounts of propensity comes close to meeting this challenge.
</p><p>A propensity theory of probability was given by <a href="Charles_Sanders_Peirce" title="Charles Sanders Peirce">Charles Sanders Peirce</a>.<sup id="cite_ref-Miller_1975_123–132_27-0" class="reference"><a href="#cite_note-Miller_1975_123–132-27"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Haack_1977_63–104_28-0" class="reference"><a href="#cite_note-Haack_1977_63–104-28"><span class="cite-bracket">[</span>27<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-29" class="reference"><a href="#cite_note-29"><span class="cite-bracket">[</span>28<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-30" class="reference"><a href="#cite_note-30"><span class="cite-bracket">[</span>29<span class="cite-bracket">]</span></a></sup> A later propensity theory was proposed by philosopher <a href="Karl_Popper" title="Karl Popper">Karl Popper</a>, who had only slight acquaintance with the writings of C.&nbsp;S. Peirce, however.<sup id="cite_ref-Miller_1975_123–132_27-1" class="reference"><a href="#cite_note-Miller_1975_123–132-27"><span class="cite-bracket">[</span>26<span class="cite-bracket">]</span></a></sup><sup id="cite_ref-Haack_1977_63–104_28-1" class="reference"><a href="#cite_note-Haack_1977_63–104-28"><span class="cite-bracket">[</span>27<span class="cite-bracket">]</span></a></sup> Popper noted that the outcome of a physical experiment is produced by a certain set of "generating conditions". When we repeat an experiment, as the saying goes, we really perform another experiment with a (more or less) similar set of generating conditions. To say that a set of generating conditions has propensity <i>p</i> of producing the outcome <i>E</i> means that those exact conditions, if repeated indefinitely, would produce an outcome sequence in which <i>E</i> occurred with limiting relative frequency <i>p</i>. For Popper then, a deterministic experiment would have propensity 0 or 1 for each outcome, since those generating conditions would have same outcome on each trial. In other words, non-trivial propensities (those that differ from 0 and 1) only exist for genuinely nondeterministic experiments.
</p><p>A number of other philosophers, including <a href="David_Miller_(philosopher)" title="David Miller (philosopher)">David Miller</a> and <a href="Donald_A._Gillies" title="Donald A. Gillies">Donald A. Gillies</a>, have proposed propensity theories somewhat similar to Popper's.
</p><p>Other propensity theorists (e.g. Ronald Giere<sup id="cite_ref-31" class="reference"><a href="#cite_note-31"><span class="cite-bracket">[</span>30<span class="cite-bracket">]</span></a></sup>) do not explicitly define propensities at all, but rather see propensity as defined by the theoretical role it plays in science. They argued, for example, that physical magnitudes such as <a href="Electrical_charge" class="mw-redirect" title="Electrical charge">electrical charge</a> cannot be explicitly defined either, in terms of more basic things, but only in terms of what they do (such as attracting and repelling other electrical charges). In a similar way, propensity is whatever fills the various roles that physical probability plays in science.
</p><p>What roles does physical probability play in science? What are its properties? One central property of chance is that, when known, it constrains rational belief to take the same numerical value. <a href="David_Lewis_(philosopher)" title="David Lewis (philosopher)">David Lewis</a> called this the <i>Principal Principle</i>,<sup id="cite_ref-SEPIP_1-3" class="reference"><a href="#cite_note-SEPIP-1"><span class="cite-bracket">[</span>1<span class="cite-bracket">]</span></a></sup> (3.3 &amp; 3.5) a term that philosophers have mostly adopted. For example, suppose you are certain that a particular biased coin has propensity 0.32 to land heads every time it is tossed. What is then the correct price for a gamble that pays $1 if the coin lands heads, and nothing otherwise? According to the Principal Principle, the fair price is 32 cents.
</p>
<div class="mw-heading mw-heading2"><h2 id="Logical,_epistemic,_and_inductive_probability">Logical, epistemic, and inductive probability</h2></div>
<div role="note" class="hatnote navigation-not-searchable">Main article: <a href="Probabilistic_logic" title="Probabilistic logic">Probabilistic logic</a></div>
<p>It is widely recognized that the term "probability" is sometimes used in contexts where it has nothing to do with physical randomness. Consider, for example, the claim that the extinction of the dinosaurs was <b>probably</b> caused by a large meteorite hitting the earth. Statements such as "Hypothesis H is probably true" have been interpreted to mean that the (presently available) <a href="Empirical_evidence" title="Empirical evidence">empirical evidence</a> (E, say) supports H to a high degree. This degree of support of H by E has been called the <b>logical</b>, or <b>epistemic</b>, or <b>inductive</b> probability of H given E.
</p><p>The differences between these interpretations are rather small, and may seem inconsequential. One of the main points of disagreement lies in the relation between probability and belief. Logical probabilities are conceived (for example in <a href="John_Maynard_Keynes" title="John Maynard Keynes">Keynes</a>' <a href="A_Treatise_on_Probability" title="A Treatise on Probability">Treatise on Probability</a><sup id="cite_ref-keynes_13-1" class="reference"><a href="#cite_note-keynes-13"><span class="cite-bracket">[</span>12<span class="cite-bracket">]</span></a></sup>) to be objective, logical relations between propositions (or sentences), and hence not to depend in any way upon belief. They are degrees of (partial) <a href="Entailment" class="mw-redirect" title="Entailment">entailment</a>, or degrees of <a href="Logical_consequence" title="Logical consequence">logical consequence</a>, not degrees of <a href="Belief" title="Belief">belief</a>. (They do, nevertheless, dictate proper degrees of belief, as is discussed below.) <a href="Frank_P._Ramsey" class="mw-redirect" title="Frank P. Ramsey">Frank P. Ramsey</a>, on the other hand, was skeptical about the existence of such objective logical relations and argued that (evidential) probability is "the logic of partial belief".<sup id="cite_ref-ramsey_11-2" class="reference"><a href="#cite_note-ramsey-11"><span class="cite-bracket">[</span>10<span class="cite-bracket">]</span></a></sup> (p 157) In other words, Ramsey held that epistemic probabilities simply <i>are</i> degrees of rational belief, rather than being logical relations that merely <i>constrain</i> degrees of rational belief.
</p><p>Another point of disagreement concerns the <i>uniqueness</i> of evidential probability, relative to a given state of knowledge. <a href="Rudolf_Carnap" title="Rudolf Carnap">Rudolf Carnap</a> held, for example, that logical principles always determine a unique logical probability for any statement, relative to any body of evidence. Ramsey, by contrast, thought that while degrees of belief are subject to some rational constraints (such as, but not limited to, the axioms of probability) these constraints usually do not determine a unique value. Rational people, in other words, may differ somewhat in their degrees of belief, even if they all have the same information.
</p>
<div class="mw-heading mw-heading2"><h2 id="Prediction">Prediction</h2></div>
<div role="note" class="hatnote navigation-not-searchable">Main article: <a href="Predictive_inference" class="mw-redirect" title="Predictive inference">Predictive inference</a></div>
<p>An alternative account of probability emphasizes the role of <i>prediction</i> – predicting future observations on the basis of past observations, not on unobservable parameters. In its modern form, it is mainly in the Bayesian vein. This was the main function of probability before the 20th century,<sup id="cite_ref-geisser_32-0" class="reference"><a href="#cite_note-geisser-32"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup> but fell out of favor compared to the parametric approach, which modeled phenomena as a physical system that was observed with error, such as in <a href="Celestial_mechanics" title="Celestial mechanics">celestial mechanics</a>.
</p><p>The modern predictive approach was pioneered by <a href="Bruno_de_Finetti" title="Bruno de Finetti">Bruno de Finetti</a>, with the central idea of <a href="Exchangeability" class="mw-redirect" title="Exchangeability">exchangeability</a> – that future observations should behave like past observations.<sup id="cite_ref-geisser_32-1" class="reference"><a href="#cite_note-geisser-32"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup> This view came to the attention of the Anglophone world with the 1974 translation of de Finetti's book,<sup id="cite_ref-geisser_32-2" class="reference"><a href="#cite_note-geisser-32"><span class="cite-bracket">[</span>31<span class="cite-bracket">]</span></a></sup> and has
since been propounded by such statisticians as <a href="Seymour_Geisser" title="Seymour Geisser">Seymour Geisser</a>.
</p>
<div class="mw-heading mw-heading2"><h2 id="Axiomatic_probability">Axiomatic probability</h2></div>
<p>The mathematics of probability can be developed on an entirely axiomatic basis that is independent of any interpretation: see the articles on <a href="Probability_theory" title="Probability theory">probability theory</a> and <a href="Probability_axioms" title="Probability axioms">probability axioms</a> for a detailed treatment.
</p>
<div class="mw-heading mw-heading2"><h2 id="See_also">See also</h2></div>
<ul><li><a href="Coverage_probability" title="Coverage probability">Coverage probability</a></li>
<li><a href="Frequency_(statistics)" title="Frequency (statistics)">Frequency (statistics)</a></li>
<li><a href="Negative_probability" title="Negative probability">Negative probability</a></li>
<li><a href="Philosophy_of_mathematics" title="Philosophy of mathematics">Philosophy of mathematics</a></li>
<li><a href="Philosophy_of_statistics" title="Philosophy of statistics">Philosophy of statistics</a></li>
<li><a href="Pignistic_probability" title="Pignistic probability">Pignistic probability</a></li>
<li><a href="Probability_amplitude" title="Probability amplitude">Probability amplitude</a> (quantum mechanics)</li>
<li><a href="Sunrise_problem" title="Sunrise problem">Sunrise problem</a></li>
<li><a href="Bayesian_epistemology" title="Bayesian epistemology">Bayesian epistemology</a></li></ul>
<div class="mw-heading mw-heading2"><h2 id="Notes">Notes</h2></div>
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<li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text">The taxonomy of probability interpretations given here is similar to that of the longer and more complete Interpretations of Probability article in the online Stanford Encyclopedia of Philosophy. References to that article include a parenthetic section number where appropriate. A partial outline of that article:

<ul><li>Section 2: Criteria of adequacy for the interpretations of probability</li>
<li>Section 3:
<ul><li>3.1 Classical Probability</li>
<li>3.2 Logical Probability</li>
<li>3.3 Subjective Probability</li>
<li>3.4 Frequency Interpretations</li>
<li>3.5 Propensity Interpretations</li></ul></li></ul>
</span></li>
</ol></div></div>
<div class="mw-heading mw-heading2"><h2 id="References">References</h2></div>
<div class="reflist reflist-columns references-column-width" style="column-width: 30em;">
<ol class="references">
<li id="cite_note-SEPIP-1"><span class="mw-cite-backlink">^ <a href="#cite_ref-SEPIP_1-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-SEPIP_1-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-SEPIP_1-2"><sup><i><b>c</b></i></sup></a> <a href="#cite_ref-SEPIP_1-3"><sup><i><b>d</b></i></sup></a></span> <span class="reference-text"><style data-mw-deduplicate="TemplateStyles:r1238218222">
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</style><cite id="CITEREFHájek2002" class="citation cs2">Hájek, Alan (21 October 2002), Zalta, Edward N. (ed.), <a rel="nofollow" class="external text" href="http://plato.stanford.edu/archives/win2012/entries/probability-interpret/"><i>Interpretations of Probability</i></a>, The Stanford Encyclopedia of Philosophy, Metaphysics Research Lab, Stanford University</cite></span>
</li>
<li id="cite_note-de_Elía-3"><span class="mw-cite-backlink">^ <a href="#cite_ref-de_Elía_3-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-de_Elía_3-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-de_Elía_3-2"><sup><i><b>c</b></i></sup></a></span> <span class="reference-text"><cite id="CITEREFde_ElíaLaprise2005" class="citation journal cs1">de Elía, Ramón; Laprise, René (2005). <a rel="nofollow" class="external text" href="https://doi.org/10.1175%2Fmwr2913.1">"Diversity in interpretations of probability: implications for weather forecasting"</a>. <i>Monthly Weather Review</i>. <b>133</b> (5): <span class="nowrap">1129–</span>1143. <a href="Bibcode_(identifier)" class="mw-redirect" title="Bibcode (identifier)">Bibcode</a>:<a rel="nofollow" class="external text" href="https://ui.adsabs.harvard.edu/abs/2005MWRv..133.1129D">2005MWRv..133.1129D</a>. <a href="Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<span class="id-lock-free" title="Freely accessible"><a rel="nofollow" class="external text" href="https://doi.org/10.1175%2Fmwr2913.1">10.1175/mwr2913.1</a></span>. <a href="S2CID_(identifier)" class="mw-redirect" title="S2CID (identifier)">S2CID</a>&nbsp;<a rel="nofollow" class="external text" href="https://api.semanticscholar.org/CorpusID:123135127">123135127</a>. <q>"There are several schools of thought regarding the interpretation of probabilities, none of them without flaws, internal contradictions, or paradoxes." (p 1129) "There are no standard classifications of probability interpretations, and even the more popular ones may suffer subtle variations from text to text." (p 1130)</q></cite></span>
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<li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text"><cite id="CITEREFVenn1876" class="citation book cs1"><a href="John_Venn" title="John Venn">Venn, John</a> (1876). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=es0AAAAAcAAJ"><i>The Logic of Chance</i></a>. London: MacMillan.</cite></span>
</li>
<li id="cite_note-5"><span class="mw-cite-backlink"><b><a href="#cite_ref-5">^</a></b></span> <span class="reference-text"><cite id="CITEREFReichenbach1948" class="citation book cs1"><a href="Hans_Reichenbach" title="Hans Reichenbach">Reichenbach, Hans</a> (1948). <i>The theory of probability, an inquiry into the logical and mathematical foundations of the calculus of probability</i>. University of California Press.</cite> English translation of the original 1935 German. ASIN: B000R0D5MS</span>
</li>
<li id="cite_note-6"><span class="mw-cite-backlink"><b><a href="#cite_ref-6">^</a></b></span> <span class="reference-text"><cite id="CITEREFMises1981" class="citation book cs1"><a href="Richard_von_Mises" title="Richard von Mises">Mises, Richard</a> (1981). <i>Probability, statistics, and truth</i>. New York: Dover Publications. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0-486-24214-9</bdi>.</cite> English translation of the third German edition of 1951 which was published 30 years after the first German edition.</span>
</li>
<li id="cite_note-row-7"><span class="mw-cite-backlink">^ <a href="#cite_ref-row_7-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-row_7-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><cite id="CITEREFRowbottom2015" class="citation book cs1">Rowbottom, Darrell (2015). <i>Probability</i>. Cambridge: Polity. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0745652573</bdi>.</cite></span>
</li>
<li id="cite_note-LaPlace-8"><span class="mw-cite-backlink">^ <a href="#cite_ref-LaPlace_8-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-LaPlace_8-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text">Laplace, P. S., 1814, English edition 1951, A Philosophical Essay on Probabilities, New York: Dover Publications Inc.</span>
</li>
<li id="cite_note-deF-9"><span class="mw-cite-backlink">^ <a href="#cite_ref-deF_9-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-deF_9-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><cite id="CITEREFde_Finetti1964" class="citation book cs1"><a href="Bruno_de_Finetti" title="Bruno de Finetti">de Finetti, Bruno</a> (1964). "Foresight: its Logical laws, its Subjective Sources". In Kyburg, H. E. (ed.). <i>Studies in Subjective Probability</i>. H. E. Smokler. New York: Wiley. pp.&nbsp;<span class="nowrap">93–</span>158.</cite> Translation of the 1937 French original with later notes added.</span>
</li>
<li id="cite_note-savage-10"><span class="mw-cite-backlink">^ <a href="#cite_ref-savage_10-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-savage_10-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><cite id="CITEREFSavage1954" class="citation book cs1"><a href="Leonard_Jimmie_Savage" title="Leonard Jimmie Savage">Savage, L.J.</a> (1954). <span class="id-lock-registration" title="Free registration required"><a rel="nofollow" class="external text" href="https://archive.org/details/foundationsofsta00leon"><i>The foundations of statistics</i></a></span>. New York: John Wiley &amp; Sons, Inc. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0-486-62349-8</bdi>.</cite> <span class="cs1-hidden-error citation-comment"><code class="cs1-code">{{cite book}}</code>: </span><span class="cs1-hidden-error citation-comment">ISBN / Date incompatibility (help)</span></span>
</li>
<li id="cite_note-ramsey-11"><span class="mw-cite-backlink">^ <a href="#cite_ref-ramsey_11-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-ramsey_11-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-ramsey_11-2"><sup><i><b>c</b></i></sup></a></span> <span class="reference-text"><cite id="CITEREFRamsey1931" class="citation book cs1"><a href="Frank_P._Ramsey" class="mw-redirect" title="Frank P. Ramsey">Ramsey, F. P.</a> (1931). <a rel="nofollow" class="external text" href="http://fitelson.org/probability/ramsey.pdf">"Chapter VII, Truth and Probability (1926)"</a> <span class="cs1-format">(PDF)</span>. In Braithwaite, R. B. (ed.). <i>Foundations of Mathematics and Other Logical Essays</i>. London: Kegan, Paul, Trench, Trubner &amp; Co. pp.&nbsp;<span class="nowrap">156–</span>198<span class="reference-accessdate">. Retrieved <span class="nowrap">15 August</span> 2013</span>.</cite> Contains three chapters (essays) by Ramsey. The electronic version contains only those three.</span>
</li>
<li id="cite_note-12"><span class="mw-cite-backlink"><b><a href="#cite_ref-12">^</a></b></span> <span class="reference-text"><cite id="CITEREFCox1961" class="citation book cs1"><a href="Richard_Threlkeld_Cox" title="Richard Threlkeld Cox">Cox, Richard Threlkeld</a> (1961). <i>The algebra of probable inference</i>. Baltimore: Johns Hopkins Press.</cite></span>
</li>
<li id="cite_note-keynes-13"><span class="mw-cite-backlink">^ <a href="#cite_ref-keynes_13-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-keynes_13-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><cite id="CITEREFKeynes1921" class="citation book cs1"><a href="John_Maynard_Keynes" title="John Maynard Keynes">Keynes, John Maynard</a> (1921). <a rel="nofollow" class="external text" href="https://www.gutenberg.org/ebooks/32625"><i>A Treatise on Probability</i></a>. MacMillan<span class="reference-accessdate">. Retrieved <span class="nowrap">15 August</span> 2013</span>.</cite></span>
</li>
<li id="cite_note-carnap-14"><span class="mw-cite-backlink"><b><a href="#cite_ref-carnap_14-0">^</a></b></span> <span class="reference-text"><cite id="CITEREFCarnap1950" class="citation book cs1"><a href="Rudolf_Carnap" title="Rudolf Carnap">Carnap, Rudolph</a> (1950). <i>Logical Foundations of Probability</i>. Chicago: University of Chicago Press.</cite> Carnap coined the notion <i>"probability<sub>1</sub>"</i> and <i>"probability<sub>2</sub>"</i> for evidential and physical probability, respectively.</span>
</li>
<li id="cite_note-gil-15"><span class="mw-cite-backlink"><b><a href="#cite_ref-gil_15-0">^</a></b></span> <span class="reference-text"><cite id="CITEREFGillies2000" class="citation book cs1"><a href="Donald_A._Gillies" title="Donald A. Gillies">Gillies, Donald</a> (2000). <i>Philosophical theories of probability</i>. London New York: Routledge. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0415182768</bdi>.</cite></span>
</li>
<li id="cite_note-16"><span class="mw-cite-backlink"><b><a href="#cite_ref-16">^</a></b></span> <span class="reference-text"><a rel="nofollow" class="external text" href="http://www.socsci.uci.edu/~bskyrms/bio/readings/pascal_fermat.pdf">Fermat and Pascal on Probability</a> (@ socsci.uci.edu)</span>
</li>
<li id="cite_note-17"><span class="mw-cite-backlink"><b><a href="#cite_ref-17">^</a></b></span> <span class="reference-text">Laszlo E. Szabo, <i><a rel="nofollow" class="external text" href="http://philosophy.elte.hu/colloquium/2001/October/Szabo/angol011008/angol011008.html">A Physicalist Interpretation of Probability</a> <a rel="nofollow" class="external text" href="https://web.archive.org/web/20160304041743/http://philosophy.elte.hu/colloquium/2001/October/Szabo/angol011008/angol011008.html">Archived</a> 4 March 2016 at the <a href="Wayback_Machine" title="Wayback Machine">Wayback Machine</a></i> (Talk presented on the Philosophy of Science Seminar, Eötvös, Budapest, 8 October 2001.)</span>
</li>
<li id="cite_note-18"><span class="mw-cite-backlink"><b><a href="#cite_ref-18">^</a></b></span> <span class="reference-text">Laszlo E. Szabo, Objective probability-like things with and without objective indeterminism, Studies in History and Philosophy of Modern Physics 38 (2007) 626–634 (<i><a rel="nofollow" class="external text" href="http://philosophy.elte.hu/leszabo/Preprints/lesz_no_probability_preprint.pdf">Preprint</a></i>)</span>
</li>
<li id="cite_note-Spanos-19"><span class="mw-cite-backlink"><b><a href="#cite_ref-Spanos_19-0">^</a></b></span> <span class="reference-text"><cite id="CITEREFSpanos1986" class="citation book cs1">Spanos, Aris (1986). <i>Statistical foundations of econometric modelling</i>. Cambridge New York: Cambridge University Press. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0521269124</bdi>.</cite></span>
</li>
<li id="cite_note-20"><span class="mw-cite-backlink"><b><a href="#cite_ref-20">^</a></b></span> <span class="reference-text"><cite id="CITEREFSimon_FrenchJohn_MauleNadia_Papamichail2009" class="citation book cs1">Simon French; John Maule; Nadia Papamichail (2009). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=K-eMAgAAQBAJ&amp;dq=%22principle+of+insufficient+reason%22&amp;pg=PA221"><i>Decision Behaviour, Analysis and Support</i></a>. Cambridge University Press. p.&nbsp;221. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-1-139-48098-7</bdi>.</cite></span>
</li>
<li id="cite_note-21"><span class="mw-cite-backlink"><b><a href="#cite_ref-21">^</a></b></span> <span class="reference-text"><cite id="CITEREFNils-Eric_Sahlin2013" class="citation book cs1">Nils-Eric Sahlin (2013). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=8djyCAAAQBAJ&amp;dq=%22equally+likely%22+%22no+obvious+justification%22&amp;pg=PA30">"2. On Higher Order Beliefs"</a>. In J. P. Dubucs (ed.). <i>Philosophy of Probability</i>. Springer. p.&nbsp;30. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-94-015-8208-7</bdi>.</cite></span>
</li>
<li id="cite_note-22"><span class="mw-cite-backlink"><b><a href="#cite_ref-22">^</a></b></span> <span class="reference-text">Freedman, David and Philip B. Stark (2003)"What is the Chance of an Earthquake?" Earthquake Science and Seismic Risk.</span>
</li>
<li id="cite_note-23"><span class="mw-cite-backlink"><b><a href="#cite_ref-23">^</a></b></span> <span class="reference-text"><cite id="CITEREFJaynes2003" class="citation book cs1">Jaynes, E. T. (2003). <i>Probability theory the logic of science</i>. Cambridge, UK New York, NY: Cambridge University Press. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0521592710</bdi>.</cite></span>
</li>
<li id="cite_note-24"><span class="mw-cite-backlink"><b><a href="#cite_ref-24">^</a></b></span> <span class="reference-text"><cite id="CITEREFKahneman2011" class="citation book cs1">Kahneman, Daniel (2011). <i>Thinking, fast and slow</i>. New York: Farrar, Straus and Giroux. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0374275631</bdi>.</cite> The book contains numerous examples of the difference between idealized and actual thought. "[W]hen called upon to judge probability, people actually judge something else and believe they have judged probability." (p 98)</span>
</li>
<li id="cite_note-25"><span class="mw-cite-backlink"><b><a href="#cite_ref-25">^</a></b></span> <span class="reference-text"><cite id="CITEREFGroveMeehl1996" class="citation journal cs1">Grove, William M.; Meehl, Paul E. (1996). <a rel="nofollow" class="external text" href="https://web.archive.org/web/20111030214359/http://www.tc.umn.edu/~pemeehl/167GroveMeehlClinstix.pdf">"Comparative efficiency of informal (subjective, impressionistic) and formal (mechanical, algorithmic) prediction procedures: The clinical-statistical controversy"</a> <span class="cs1-format">(PDF)</span>. <i>Psychology, Public Policy, and Law</i>. <b>2</b> (2): <span class="nowrap">293–</span>332. <a href="CiteSeerX_(identifier)" class="mw-redirect" title="CiteSeerX (identifier)">CiteSeerX</a>&nbsp;<span class="id-lock-free" title="Freely accessible"><a rel="nofollow" class="external text" href="https://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.471.592">10.1.1.471.592</a></span>. <a href="Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1037%2F1076-8971.2.2.293">10.1037/1076-8971.2.2.293</a>. Archived from <a rel="nofollow" class="external text" href="http://www.tc.umn.edu/~pemeehl/167GroveMeehlClinstix.pdf">the original</a> <span class="cs1-format">(PDF)</span> on 30 October 2011.</cite> Statistical decisions are consistently superior to the subjective decisions of experts.</span>
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<li id="cite_note-26"><span class="mw-cite-backlink"><b><a href="#cite_ref-26">^</a></b></span> <span class="reference-text"><cite id="CITEREFPeterson2009" class="citation book cs1">Peterson, Martin (2009). <i>An introduction to decision theory</i>. Cambridge, UK New York: Cambridge University Press. p.&nbsp;140. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0521716543</bdi>.</cite></span>
</li>
<li id="cite_note-Miller_1975_123–132-27"><span class="mw-cite-backlink">^ <a href="#cite_ref-Miller_1975_123–132_27-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Miller_1975_123–132_27-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><cite id="CITEREFMiller1975" class="citation journal cs1">Miller, Richard W. (1975). "Propensity: Popper or Peirce?". <i><a href="British_Journal_for_the_Philosophy_of_Science" title="British Journal for the Philosophy of Science">British Journal for the Philosophy of Science</a></i>. <b>26</b> (2): <span class="nowrap">123–</span>132. <a href="Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1093%2Fbjps%2F26.2.123">10.1093/bjps/26.2.123</a>.</cite></span>
</li>
<li id="cite_note-Haack_1977_63–104-28"><span class="mw-cite-backlink">^ <a href="#cite_ref-Haack_1977_63–104_28-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-Haack_1977_63–104_28-1"><sup><i><b>b</b></i></sup></a></span> <span class="reference-text"><cite id="CITEREFHaackKolenda,_KonstantinKolenda1977" class="citation journal cs1"><a href="Susan_Haack" title="Susan Haack">Haack, Susan</a>; Kolenda, Konstantin, Konstantin; Kolenda (1977). "Two Fallibilists in Search of the Truth". <i>Proceedings of the Aristotelian Society</i>. <b>51</b> (Supplementary Volumes): <span class="nowrap">63–</span>104. <a href="Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1093%2Faristoteliansupp%2F51.1.63">10.1093/aristoteliansupp/51.1.63</a>. <a href="JSTOR_(identifier)" class="mw-redirect" title="JSTOR (identifier)">JSTOR</a>&nbsp;<a rel="nofollow" class="external text" href="https://www.jstor.org/stable/4106816">4106816</a>.</cite></span>
</li>
<li id="cite_note-29"><span class="mw-cite-backlink"><b><a href="#cite_ref-29">^</a></b></span> <span class="reference-text"><cite id="CITEREFBurks1978" class="citation book cs1"><a href="Arthur_W._Burks" class="mw-redirect" title="Arthur W. Burks">Burks, Arthur W.</a> (1978). <a rel="nofollow" class="external text" href="https://archive.org/details/chancecausereaso0000burk/page/694"><i>Chance, Cause and Reason: An Inquiry into the Nature of Scientific Evidence</i></a>. University of Chicago Press. pp.&nbsp;<a rel="nofollow" class="external text" href="https://archive.org/details/chancecausereaso0000burk/page/694">694 pages</a>. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0-226-08087-1</bdi>.</cite></span>
</li>
<li id="cite_note-30"><span class="mw-cite-backlink"><b><a href="#cite_ref-30">^</a></b></span> <span class="reference-text"><a href="Charles_Sanders_Peirce" title="Charles Sanders Peirce">Peirce, Charles Sanders</a> and Burks, Arthur W., ed. (1958), the <a href="Charles_Sanders_Peirce_bibliography#CP" title="Charles Sanders Peirce bibliography"><i>Collected Papers of Charles Sanders Peirce</i></a> Volumes 7 and 8, Harvard University Press, Cambridge, MA, also Belnap Press (of Harvard University Press) edition, vols. 7-8 bound together, 798 pages, <a rel="nofollow" class="external text" href="http://www.nlx.com/collections/95">online via InteLex</a>, reprinted in 1998 Thoemmes Continuum.</span>
</li>
<li id="cite_note-31"><span class="mw-cite-backlink"><b><a href="#cite_ref-31">^</a></b></span> <span class="reference-text"><cite id="CITEREFRonald_N._Giere1973" class="citation book cs1"><a href="Ronald_N._Giere" class="mw-redirect" title="Ronald N. Giere">Ronald N. Giere</a> (1973). <a rel="nofollow" class="external text" href="http://www.sciencedirect.com/science/bookseries/0049237X">"Objective Single Case Probabilities and the Foundations of Statistics"</a>. <i>Studies in Logic and the Foundations of Mathematics</i>. Vol.&nbsp;73. <a href="Elsevier" title="Elsevier">Elsevier</a>. pp.&nbsp;<span class="nowrap">467–</span>483. <a href="Doi_(identifier)" class="mw-redirect" title="Doi (identifier)">doi</a>:<a rel="nofollow" class="external text" href="https://doi.org/10.1016%2FS0049-237X%2809%2970380-5">10.1016/S0049-237X(09)70380-5</a>. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0-444-10491-5</bdi>.</cite></span>
</li>
<li id="cite_note-geisser-32"><span class="mw-cite-backlink">^ <a href="#cite_ref-geisser_32-0"><sup><i><b>a</b></i></sup></a> <a href="#cite_ref-geisser_32-1"><sup><i><b>b</b></i></sup></a> <a href="#cite_ref-geisser_32-2"><sup><i><b>c</b></i></sup></a></span> <span class="reference-text"><cite id="CITEREFGeisser1993" class="citation book cs1"><a href="Seymour_Geisser" title="Seymour Geisser">Geisser, Seymour</a> (1993). <a rel="nofollow" class="external text" href="https://books.google.com/books?id=wfdlBZ_iwZoC"><i>Predictive Inference</i></a>. CRC Press. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0-412-03471-8</bdi>.</cite></span>
</li>
</ol></div>
<div class="mw-heading mw-heading2"><h2 id="Further_reading">Further reading</h2></div>
<ul><li><cite id="CITEREFCohen1989" class="citation book cs1"><a href="Laurence_Jonathan_Cohen" class="mw-redirect" title="Laurence Jonathan Cohen">Cohen, L</a> (1989). <span class="id-lock-registration" title="Free registration required"><a rel="nofollow" class="external text" href="https://archive.org/details/introductiontoph0000cohe"><i>An introduction to the philosophy of induction and probability</i></a></span>. Oxford New York: Clarendon Press Oxford University Press. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0198750789</bdi>.</cite></li>
<li><cite id="CITEREFEagle2011" class="citation book cs1">Eagle, Antony (2011). <i>Philosophy of probability&nbsp;: contemporary readings</i>. Abingdon, Oxon New York: Routledge. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0415483872</bdi>.</cite></li>
<li><cite id="CITEREFGillies2000" class="citation book cs1"><a href="Donald_A._Gillies" title="Donald A. Gillies">Gillies, Donald</a> (2000). <i>Philosophical theories of probability</i>. London New York: Routledge. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0415182768</bdi>.</cite> A comprehensive monograph covering the four principal current interpretations: logical, subjective, frequency, propensity. Also proposes a novel intersubective interpretation.</li>
<li><cite id="CITEREFHacking2006" class="citation book cs1"><a href="Ian_Hacking" title="Ian Hacking">Hacking, Ian</a> (2006). <i>The emergence of probability&nbsp;: a philosophical study of early ideas about probability, induction and statistical inference</i>. Cambridge New York: Cambridge University Press. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0521685573</bdi>.</cite></li>
<li><a href="Paul_Humphreys_(philosopher)" title="Paul Humphreys (philosopher)">Paul Humphreys</a>, ed. (1994) <i><a href="Patrick_Suppes" title="Patrick Suppes">Patrick Suppes</a>: Scientific Philosopher</i>, Synthese Library, Springer-Verlag.
<ul><li>Vol. 1: <i>Probability and Probabilistic Causality</i>.</li>
<li>Vol. 2: <i>Philosophy of Physics, Theory Structure and Measurement, and Action Theory</i>.</li></ul></li>
<li>Jackson, Frank, and Robert Pargetter (1982) "Physical Probability as a Propensity," <i>Noûs</i> 16(4): 567–583.</li>
<li><cite id="CITEREFKhrennikov2009" class="citation book cs1">Khrennikov, Andrei (2009). <i>Interpretations of probability</i> (2nd&nbsp;ed.). Berlin New York: Walter de Gruyter. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-3110207484</bdi>.</cite> Covers mostly non-Kolmogorov probability models, particularly with respect to <a href="Quantum_physics" class="mw-redirect" title="Quantum physics">quantum physics</a>.</li>
<li><cite id="CITEREFLewis1983" class="citation book cs1"><a href="David_Kellogg_Lewis" class="mw-redirect" title="David Kellogg Lewis">Lewis, David</a> (1983). <i>Philosophical papers</i>. New York: Oxford University Press. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0195036466</bdi>.</cite></li>
<li><cite id="CITEREFPlato1994" class="citation book cs1">Plato, Jan von (1994). <i>Creating modern probability&nbsp;: its mathematics, physics, and philosophy in historical perspective</i>. Cambridge England New York: Cambridge University Press. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0521597357</bdi>.</cite></li>
<li><cite id="CITEREFRowbottom2015" class="citation book cs1">Rowbottom, Darrell (2015). <i>Probability</i>. Cambridge: Polity. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0745652573</bdi>.</cite> A highly accessible introduction to the interpretation of probability. Covers all the main interpretations, and proposes a novel group level (or 'intersubjective') interpretation. Also covers fallacies and applications of interpretations in the social and natural sciences.</li>
<li><cite id="CITEREFSkyrms2000" class="citation book cs1"><a href="Brian_Skyrms" title="Brian Skyrms">Skyrms, Brian</a> (2000). <i>Choice and chance&nbsp;: an introduction to inductive logic</i>. Australia Belmont, CA: Wadsworth/Thomson Learning. <a href="ISBN_(identifier)" class="mw-redirect" title="ISBN (identifier)">ISBN</a>&nbsp;<bdi>978-0534557379</bdi>.</cite></li></ul>
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<div class="side-box-text plainlist">Wikimedia Commons has media related to <span style="font-weight: bold; font-style: italic;"><a href="https://commons.wikimedia.org/wiki/Category:Probability_interpretations" class="extiw external" title="commons:Category:Probability interpretations">Probability interpretations</a></span>.</div></div>
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<ul><li><cite id="CITEREFZalta" class="citation encyclopaedia cs1"><a href="Edward_N._Zalta" title="Edward N. Zalta">Zalta, Edward N.</a> (ed.). <a rel="nofollow" class="external text" href="https://plato.stanford.edu/entries/probability-interpret/">"Interpretations of Probability"</a>. <i><a href="Stanford_Encyclopedia_of_Philosophy" title="Stanford Encyclopedia of Philosophy">Stanford Encyclopedia of Philosophy</a></i>.</cite></li>
<li><a rel="nofollow" class="external text" href="https://www.inphoproject.org/idea/1155">Interpretations of Probability</a> at the <a href="Indiana_Philosophy_Ontology_Project" class="mw-redirect" title="Indiana Philosophy Ontology Project">Indiana Philosophy Ontology Project</a></li>
<li><a rel="nofollow" class="external text" href="https://philpapers.org/browse/interpretation-of-probability/">Interpretation of Probability</a> at <a href="PhilPapers" title="PhilPapers">PhilPapers</a></li></ul></div><!--htdig_noindex--><div><div class="zim-footer">
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