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Philosophy of Probability and Statistical Modelling (Paperback, New Ed)
Loot Price: R622
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Philosophy of Probability and Statistical Modelling (Paperback, New Ed)
Series: Elements in the Philosophy of Science
Expected to ship within 10 - 15 working days
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This Element has two main aims. The first one (sections 1-7) is an
historically informed review of the philosophy of probability. It
describes recent historiography, lays out the distinction between
subjective and objective notions, and concludes by applying the
historical lessons to the main interpretations of probability. The
second aim (sections 8-13) focuses entirely on objective
probability, and advances a number of novel theses regarding its
role in scientific practice. A distinction is drawn between
traditional attempts to interpret chance, and a novel
methodological study of its application. A radical form of
pluralism is then introduced, advocating a tripartite distinction
between propensities, probabilities and frequencies. Finally, a
distinction is drawn between two different applications of chance
in statistical modelling which, it is argued, vindicates the
overall methodological approach. The ensuing conception of
objective probability in practice is the 'complex nexus of chance'.
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