Dictionary > Subjective probability

Subjective probability

subjective probability
A fair statement of the odds that a rational, well-informed person would give or take for the outcome of an experiment. The experiment may be unique and not rationally understood (precluding both theoretically sound predication and empirical experience). The formulation is applicable to experiments that have been carried out but the outcome unknown. (For instance, a certain statement about the sex of the foetus early in pregnancy is established but perhaps not accessible until amniocentesis can be done.) unlike personal probably, the subjective probability should be the same from all competent counselors in possession of the same evidence.


You will also like...

Pikas are an indicator species for climate change
Indicator Species and Endangered Species

Certain species are capable of expressing characteristics indicative of the state of the ecosystem they occupy. They are..

"Cronopio dentiacutus", a prehistoric mammal (an illustration)
Mammalian Ancestors

Mammals are a diverse group of organisms, where most of them develop their offspring within the uterus of the mother. Ov..

Stem
Stems

Stems primarily provide plants structural support. This tutorial includes lectures on the external form of a woody twig ..

Schematic diagram of DNA replication
DNA Structure & DNA Replication

DNA is a double helix structure comprised of nucleotides. A nucleotide, in turn, is made up of phosphate molecule, deoxy..

Flowers and tiny fruits of the pomegranate plant
Fruits, Flowers, and Seeds

This tutorial deals with the structure and function of flowers, fruits, and seeds. Also included here are the types of f..

Electromagnetic spectrum of a brain
Sleep and Dreams – Neurology

While learning and intelligence are associated with the functions of a conscious mind, sleep and dreams are activities o..