Frequentist probabilityFrequentist probability or frequentism is an interpretation of probability; it defines an event's probability (the long-run probability) as the limit of its relative frequency in infinitely many trials. Probabilities can be found (in principle) by a repeatable objective process, as in repeated sampling from the same population, and are thus ideally devoid of subjectivity. The continued use of frequentist methods in scientific inference, however, has been called into question.
ProbabilityProbability concerns events and numerical descriptions of how likely they are to occur. The probability of an event is a number between 0 and 1; the larger the probability, the more likely an event is to occur. This number is often expressed as a percentage (%), ranging from 0% to 100%. A simple example is the tossing of a fair (unbiased) coin.
Probability distributionMathematical function for the probability a given outcome occurs in an experimentIn probability theory and statistics, a probability distribution describes how probabilities are assigned to the possible results of a random phenomenon—more precisely, to events, which are sets of possible outcomes of a probabilistic experiment. Informally, a probability distribution tells us how likely different results are.
Bayesian probabilityBayesian probability ( or ) is an interpretation of the concept of probability, in which, instead of frequency or propensity of some phenomenon, probability is interpreted as reasonable expectation representing a state of knowledge or as quantification of a personal belief. The Bayesian interpretation of probability can be seen as an extension of propositional logic that enables reasoning with hypotheses; that is, with propositions whose truth or falsity is unknown.
Principle of indifferenceThe principle of indifference (also called principle of insufficient reason) is a rule for assigning epistemic probabilities. The principle of indifference states that in the absence of any relevant evidence, agents should distribute their credence (or "degrees of belief") equally among all the possible outcomes under consideration. It can be viewed as an application of the principle of parsimony and as a special case of the principle of maximum entropy.
Pierre-Simon LaplacePierre-Simon, Marquis de Laplace (; French: [pjɛʁ simɔ̃ laplas]; 23 March 1749 – 5 March 1827) was a French polymath, a scholar whose work has been instrumental in the fields of physics, astronomy, mathematics, engineering, statistics, and philosophy. He summarized and extended the work of his predecessors in his five-volume Mécanique céleste (Celestial Mechanics) (1799–1825).
Jacob BernoulliJacob Bernoulli (6 January 1655[O.S. 27 December 1654] – 16 August 1705) was a Swiss mathematician. He sided with Gottfried Wilhelm Leibniz during the Leibniz–Newton calculus controversy and was an early proponent of Leibnizian calculus, to which he made numerous contributions. A member of the Bernoulli family, he, along with his brother Johann, was one of the founders of the calculus of variations.
George BooleGeorge Boole ( BOOL; 2 November 1815 – 8 December 1864) was an English mathematician and philosopher often credited with revolutionizing logic by transforming it from a philosophical study of language into a mathematical system of algebraic equations using binary values and logical operators. Boole was the son of a shoemaker. He received a primary school education and learned Latin and modern languages through various means. At 16, he began teaching to support his family.
Elementary eventIn probability theory, an elementary event, also called an atomic event or sample point, is an event which contains only a single outcome in the sample space. Using set theory terminology, an elementary event is a singleton. Elementary events and their corresponding outcomes are often written interchangeably for simplicity, as such an event corresponding to precisely one outcome.
John VennJohn Venn, FRS, FSA (4 August 1834 – 4 April 1923) was an English mathematician, logician and philosopher noted for introducing Venn diagrams, which are used in logic, set theory, probability, statistics, and computer science. In 1866, Venn published The Logic of Chance, a groundbreaking book which espoused the frequency theory of probability, arguing that probability should be determined by how often something is forecast to occur as opposed to "educated" assumptions.
Ronald FisherSir Ronald Aylmer Fisher (17 February 1890 – 29 July 1962) was an English polymath who was active as a mathematician, statistician, biologist, geneticist, and academic. He has been described as "a genius who almost single-handedly created the foundations for modern statistical science" and "the single most important figure in 20th century statistics".*As an Amazon Associate I earn from qualifying purchases.