User:Thefringthing/Probability interpretations
Philosophical interpretation of the axioms of probability / From Wikipedia, the free encyclopedia
An interpretation of probability explains how the mathematical theory of probability relates to real-world phenomena. Schools of thought differ on whether probabilities are associated with evidential relationships, beliefs, or physical systems, whether they are objective or subjective, and other issues.
Probability and statistics are closely related, and some interpretations are associated with corresponding approaches to statistical inference, connecting the philosophical question of the meaning of probability statements to practical issues of statistical methodology.