Probability interpretations

The word probability has been used in a variety of ways since it was first coined in relation to games of chance.

Related Topics:
Probability - Games of chance

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There are two broad categories of probability interpretations: Frequentists assign probabilities only to random events according to their relative frequencies of occurrence or to subsets of populations as proportions of the whole. Bayesians assign probabilities to any statement, even when no random process is involved, as a way to represent its plausibility. As such, the scope of Bayesian inquiries include the scope of frequentist inquiries.

Related Topics:
Frequentists - Random - Bayesians

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