Tags » Probability And Risk

-> Fallacies for Physicians and Prosecutors

For business reasons I’ve started a separate blog – “on risk of” – for topics involving risk analysis, probability , aerospace and process engineering, and the like. 133 more words

Probability And Risk

My Trouble with Bayes

In past consulting work I’ve wrestled with subjective probability values derived from expert opinion. Subjective probability is an interpretation of probability based on a degree of belief (i.e., hypothetical willingness to bet on a position) as opposed a value derived from measured frequencies of occurrences (related posts: … 1,159 more words

Philosophy Of Science