Physics – Data Analysis – Statistics and Probability
Scientific paper
1999-08-06
Physics
Data Analysis, Statistics and Probability
15 pages, LateX, 1 eps figure, corrected some typos. Invited paper for the American Journal of Physics. This paper and related
Scientific paper
10.1119/1.19113
Subjective probability is based on the intuitive idea that probability quantifies the degree of belief that an event will occur. A probability theory based on this idea represents the most general framework for handling uncertainty. A brief introduction to subjective probability and Bayesian inference is given, with comments on typical misconceptions which tend to discredit it and comparisons to other approaches.
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