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personal probability |
Also found in: Wikipedia | 0.03 sec. |
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personal probability [′pərs·ən·əl ‚präb·ə′bil·əd·ē] (statistics) A number between 0 and 1 assigned to an event based upon personal views concerning whether the event will occur or not; it is obtained by deciding whether one would accept a bet on the event at odds given by this number. Also known as subjective probability. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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