Re: Does a "pure" real valued probability make any sen

From: Ken Muldrew (kmuldrezw_at_ucalgazry.ca)
Date: 12/03/04 

Date: Fri, 03 Dec 2004 19:08:56 GMT

Sam Wormley <swormley1@mchsi.com> wrote:

> There are several competing interpretations of the actual
> "meaning" of probabilities. Frequentists view probability simply
> as a measure of the frequency of outcomes (the more conventional
> interpretation), while Bayesians treat probability more
> subjectively as a statistical procedure that endeavors to
> estimate parameters of an underlying distribution based on the
> observed distribution.

It would probably be better to say that Bayesians put their
subjectivity up front so that they understand how it affects their
calculations while frequentists hide their subjectivity under a rug
and pretend that it's not there.

Ken Muldrew
kmuldrezw@ucalgazry.ca
(remove all letters after y in the alphabet)

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