Subjective probabilities

Subjective probabilities
Probabilities that are determined subjectively (for example, on the basis of judgement rather than using statistical sampling). The New York Times Financial Glossary

Financial and business terms. 2012.

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  • subjective probabilities — probabilities ( probability) that are determined subjectively (for example, on the basis of judgment rather than statistical sampling). Bloomberg Financial Dictionary …   Financial and business terms

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  • Bayesian inference — is statistical inference in which evidence or observations are used to update or to newly infer the probability that a hypothesis may be true. The name Bayesian comes from the frequent use of Bayes theorem in the inference process. Bayes theorem… …   Wikipedia

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  • Dempster-Shafer theory — The Dempster Shafer theory is a mathematical theory of evidenceShafer, Glenn; A Mathematical Theory of Evidence , Princeton University Press, 1976, ISBN 0 608 02508 9] based on belief functions and plausible reasoning , which is used to combine… …   Wikipedia

  • Decision theory — in economics, psychology, philosophy, mathematics, and statistics is concerned with identifying the values, uncertainties and other issues relevant in a given decision, its rationality, and the resulting optimal decision. It is closely related to …   Wikipedia

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