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Philosophical Foundations of Probability Theory (Hardcover)
Loot Price: R3,257
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Philosophical Foundations of Probability Theory (Hardcover)
Series: Routledge Revivals
Expected to ship within 12 - 17 working days
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First published in 1982, Philosophical Foundations of Probability
Theory starts with the uses we make of the concept in everyday life
and then examines the rival theories that seek to account for these
applications. It offers a critical exposition of the major
philosophical theories of probability, with special attention given
to the metaphysical and epistemological assumptions and
implications of each. The Classical Theory suggests probability is
simply the ratio of favorable cases to all equi-possible cases: it
is this theory that is relied on by gamblers and by most
non-specialists. The A Priori Theory, on the other hand, describes
probability as a logical relation between statements based on
evidence. The Relative Frequency theories locate it not in logic
but among empirical rates of occurrence in the real world, while
the Subjectivist Theory identifies probability with the degree of a
person's belief in a proposition. Each of these types of theory is
examined in turn, and the treatment is unified by the use of
running examples and parallel analyses of each theory. The final
chapter includes a summary and the author's conclusions. This book
is an essential read for scholars and researchers of Philosophy.
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