Difference between revisions of "Bayesian probability"

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==Blog posts==
 
==Blog posts==
  
 +
* [http://lesswrong.com/lw/1to/what_is_bayesianism/ What is Bayesianism?]
 
*[http://lesswrong.com/lw/s6/probability_is_subjectively_objective/ Probability is Subjectively Objective]
 
*[http://lesswrong.com/lw/s6/probability_is_subjectively_objective/ Probability is Subjectively Objective]
 
*[http://lesswrong.com/lw/oj/probability_is_in_the_mind/ Probability is in the Mind]
 
*[http://lesswrong.com/lw/oj/probability_is_in_the_mind/ Probability is in the Mind]

Revision as of 05:23, 13 June 2010

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Bayesian probability represents a level of certainty relating to a potential outcome or idea. This is in contrast to a frequentist probability that represents the frequency with which a particular outcome will occur over any number of trials.

An event with Bayesian probability of .6 (or 60%) should be interpreted as stating "With confidence 60%, this event contains the true outcome", whereas a frequentist interpretation would view it as stating "Over 100 trials, we should observe event X approximately 60 times."

The difference is more apparent when discussing ideas. A frequentist will not assign probability to an idea, either it is true or false and it cannot be true 6 times out of 10.

Blog posts

See also