Bayesian Probability

(redirected from Degree of belief)

Bayesian Probability

A revision of a previous probability based on new information. In Bayesian analysis, one makes mathematical assumptions about unavailable information. As that information is gathered and disseminated, the Bayesian probability corrects or replaces the assumptions and alters its results accordingly.
References in periodicals archive ?
However, many philosophers and a few scientists use the Bayesian (subjectivist or personalist) view of probability as a measure of an individual's degree of belief. Since beliefs are personal and such probability assignments are arbitrary, Bayesianism is hardly scientific: it is only a variety of gambling.
As uncertainty assignment terms, the degree of belief, probability distribution, and possibility distribution are used for evidence theory, probability theory, and possibility theory, respectively.
If one embraces this approach, the general problem becomes how to handle a degree of belief about the real world that will persist unavoidably in factfinding.
In this context, probability is interpreted as a degree of belief rather than a frequency of occurrence.
"In this way, a systems approach could be applied to the monitoring of tailings storage facilities, and this would enable owners, regulators and practitioners to re-assess our 'degree of belief on an ongoing basis--instilling more confidence in our monitoring practices," they said.
Second, we examine evidence for the proposition and develop a degree of belief in the proposition.
Virtually every Wales player on the pitch produced a PB, a personal best performance during an incredible display of courage, commitment, a huge degree of belief and class.
Thus for times j and k such that j < k, an agent's rational degree of belief in sentence p at k is given by:
Second, in the previous work, the focus was only on quantifying the degree of belief concerning whether a seller sells stolen goods, rather than considering both cases.