Probability and Chance - Research Article from Encyclopedia of Philosophy

This encyclopedia article consists of approximately 44 pages of information about Probability and Chance.

Probability and Chance - Research Article from Encyclopedia of Philosophy

This encyclopedia article consists of approximately 44 pages of information about Probability and Chance.
This section contains 12,918 words
(approx. 44 pages at 300 words per page)
Buy the Probability and Chance Encyclopedia Article

The weather report says that the chance of a hurricane arriving later today is 90 percent. Forewarned is forearmed: Expecting a hurricane, before leaving home I pack my hurricane lantern.

Probability enters into this scenario twice, first in the form of a physical probability, sometimes called a chance, quantifying certain aspects of the local weather that make a hurricane very likely, and second in the form of an epistemic probability capturing a certain attitude to the proposition that a hurricane will strike, in this case one of considerable confidence.

It is not immediately obvious that these two probabilities are two different kinds of thing, but a prima facie case can be made for their distinctness by observing that they can vary independently of one another: For example, if the meteorologists are mistaken, the chance of a hurricane may be very low though both they and...

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This section contains 12,918 words
(approx. 44 pages at 300 words per page)
Buy the Probability and Chance Encyclopedia Article
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Macmillan
Probability and Chance from Macmillan. Copyright © 2001-2006 by Macmillan Reference USA, an imprint of the Gale Group. All rights reserved.