Lecture 7: Probability as a measure of uncertainty

Lecture 7: Probability as a measure of uncertainty

Learning objectives

  • Understand the interpretation of probability as a representation of our state of knowledge.

  • Use the principle of insufficient reason to assign probabilities to simple events.

  • Explain how probabilities can be estimated by empirical frequencies.

  • Demonstrate how the frequencies converge to probabilities in the limit of large samples.