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Objective Probability |
Also found in: Encyclopedia | 0.01 sec. |
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Objective probability The true unobservable underlying odds that something is so. Objective Probability The likelihood of the outcome of any event based upon recorded measurements rather than subjective analysis. Objective probability is considered more accurate than subjective estimates, thought it should be noted that analysts often rely on subjectivity just as much. Objective probability is important to both technical analysis and fundamental analysis. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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