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Probability interpretations - Wikipedia

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The word probability has been used in a variety of ways since it was first applied to the mathematical study of games of chance. 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 probability theory. There are two broad categories[1][2] of probability interpretations which can be called "physical" and "evidential" probabilities. Physical probabilities, which are also called objective or frequency probabilities, 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

Probability interpretations - Wikipedia Jump to content From Wikipedia, the free encyclopedia Philosophical interpretation of the axioms of probability This article needs more citations . Please help improve this article by adding citations to reliable sources . Unsourced material may be challenged and removed . Find sources: "Probability interpretations" – news · newspapers · books · scholar · JSTOR ( April 2011 ) ( Learn how and when to remove this message ) The word " probability " has been used in a variety of ways since it was first applied to the mathematical study of games of chance . D

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