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Meaning of "subjective probability" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF SUBJECTIVE PROBABILITY

subjective probability  [səbˈdʒɛktɪv ˌprɒbəˈbɪlɪtɪ] play
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GRAMMATICAL CATEGORY OF SUBJECTIVE PROBABILITY

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Subjective probability is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES SUBJECTIVE PROBABILITY MEAN IN ENGLISH?

Bayesian probability

Bayesian probability is one of the different interpretations of the concept of probability. The Bayesian interpretation of probability can be seen as an extension of propositional logic that enables reasoning with hypotheses, i.e., the propositions whose truth or falsity is uncertain. Bayesian probability belongs to the category of evidential probabilities; to evaluate the probability of a hypothesis, the Bayesian probabilist specifies some prior probability, which is then updated in the light of new, relevant data. The Bayesian interpretation provides a standard set of procedures and formulae to perform this calculation. In contrast to interpreting probability as the "frequency" or "propensity" of some phenomenon, Bayesian probability is a quantity that we assign for the purpose of representing a state of knowledge, or a state of belief. In the Bayesian view, a probability is assigned to a hypothesis, whereas under the frequentist view, a hypothesis is typically tested without being assigned a probability.

Definition of subjective probability in the English dictionary

The definition of subjective probability in the dictionary is a measure or estimate of the degree of confidence one may have in the occurrence of an event, defined by subjective criteria.

WORDS THAT RHYME WITH SUBJECTIVE PROBABILITY


ability
əˈbɪlɪtɪ
accessibility
əkˌsɛsɪˈbɪlɪtɪ
accountability
əˌkaʊntəˈbɪlɪtɪ
availability
əˌveɪləˈbɪlɪtɪ
capability
ˌkeɪpəˈbɪlɪtɪ
compatibility
kəmˌpætɪˈbɪlɪtɪ
disability
ˌdɪsəˈbɪlɪtɪ
durability
ˌdjʊərəˈbɪlɪtɪ
eligibility
ˌɛlɪdʒɪˈbɪlɪtɪ
flexibility
ˌflɛksɪˈbɪlɪtɪ
inability
ˌɪnəˈbɪlɪtɪ
liability
ˌlaɪəˈbɪlɪtɪ
mobility
məʊˈbɪlɪtɪ
nobility
nəʊˈbɪlɪtɪ
possibility
ˌpɒsɪˈbɪlɪtɪ
probability
ˌprɒbəˈbɪlɪtɪ
reliability
rɪˌlaɪəˈbɪlɪtɪ
responsibility
rɪˌspɒnsəˈbɪlɪtɪ
stability
stəˈbɪlɪtɪ
visibility
ˌvɪzɪˈbɪlɪtɪ

WORDS THAT BEGIN LIKE SUBJECTIVE PROBABILITY

subjectability
subjectable
subjectification
subjectified
subjectifies
subjectify
subjection
subjective
subjective idealism
subjective intension
subjectively
subjectiveness
subjectivise
subjectivism
subjectivist
subjectivistic
subjectivistically
subjectivity
subjectless
subjectship

WORDS THAT END LIKE SUBJECTIVE PROBABILITY

agility
credibility
facility
feasibility
fertility
functionality
hostility
humility
inevitability
instability
merchantability
profitability
suitability
susceptibility
sustainability
tranquility
usability
utility
variability
versatility
vulnerability

Synonyms and antonyms of subjective probability in the English dictionary of synonyms

SYNONYMS

Translation of «subjective probability» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF SUBJECTIVE PROBABILITY

Find out the translation of subjective probability to 25 languages with our English multilingual translator.
The translations of subjective probability from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «subjective probability» in English.

Translator English - Chinese

主观概率
1,325 millions of speakers

Translator English - Spanish

probabilidad subjetiva
570 millions of speakers

English

subjective probability
510 millions of speakers

Translator English - Hindi

व्यक्तिपरक संभावना
380 millions of speakers
ar

Translator English - Arabic

احتمال ذاتي
280 millions of speakers

Translator English - Russian

субъективная вероятность
278 millions of speakers

Translator English - Portuguese

probabilidade subjetiva
270 millions of speakers

Translator English - Bengali

বিষয়গত সম্ভাবনা
260 millions of speakers

Translator English - French

probabilité subjective
220 millions of speakers

Translator English - Malay

Kebarangkalian subjektif
190 millions of speakers

Translator English - German

subjektive Wahrscheinlichkeit
180 millions of speakers

Translator English - Japanese

主観的確率
130 millions of speakers

Translator English - Korean

주관적 확률
85 millions of speakers

Translator English - Javanese

Probabilitas subyektif
85 millions of speakers
vi

Translator English - Vietnamese

xác suất chủ quan
80 millions of speakers

Translator English - Tamil

அகநிலை நிகழ்தகவு
75 millions of speakers

Translator English - Marathi

व्यक्तिनिष्ठ संभाव्यता
75 millions of speakers

Translator English - Turkish

Öznel olasılık
70 millions of speakers

Translator English - Italian

probabilità soggettiva
65 millions of speakers

Translator English - Polish

prywatną prawdopodobieństwo
50 millions of speakers

Translator English - Ukrainian

суб´єктивна ймовірність
40 millions of speakers

Translator English - Romanian

probabilitate subiectivă
30 millions of speakers
el

Translator English - Greek

υποκειμενικής πιθανότητας
15 millions of speakers
af

Translator English - Afrikaans

subjektiewe waarskynlikheid
14 millions of speakers
sv

Translator English - Swedish

subjektiva sannolikheten
10 millions of speakers
no

Translator English - Norwegian

subjektive sannsynlighet
5 millions of speakers

Trends of use of subjective probability

TRENDS

TENDENCIES OF USE OF THE TERM «SUBJECTIVE PROBABILITY»

The term «subjective probability» is normally little used and occupies the 118.138 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Little used
45
/100
The map shown above gives the frequency of use of the term «subjective probability» in the different countries.
Principal search tendencies and common uses of subjective probability
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «subjective probability».

FREQUENCY OF USE OF THE TERM «SUBJECTIVE PROBABILITY» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «subjective probability» during the past 500 years. Its implementation is based on analysing how often the term «subjective probability» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about subjective probability

EXAMPLES

10 ENGLISH BOOKS RELATING TO «SUBJECTIVE PROBABILITY»

Discover the use of subjective probability in the following bibliographical selection. Books relating to subjective probability and brief extracts from same to provide context of its use in English literature.
1
Subjective Probability: The Real Thing
A concise survey of basic probability theory from a thoroughly subjective point of view.
Richard Jeffrey, 2004
2
Degrees of Belief: Subjective Probability and Engineering ...
Turning to what this requires, it lends substance to professional judgment by examining its diagnostic, inductive, and interpretive elements.
Steven G. Vick, American Society of Civil Engineers, 2002
3
Experts in Uncertainty : Opinion and Subjective Probability ...
This book is an extensive survey and critical examination of the literature on the use of expert opinion in scientific inquiry and policy making.
Roger M. Cooke Associate Professor of Mathematics and Informatics Delft University of Technology, 1991
4
Business Statistics: For Contemporary Decision Making
102 Chapter 4 Probability Subjective Probability The subjective method of assigning probability is based on the feelings or insights of the person determining the probability. Subjective probability comes from the person's intuition or reasoning.
Ken Black, 2011
5
Subjective Probability Models for Lifetimes
Fabio Spizzichino. Subjective Probability Models for Lifetimes Fabio Spizzichino Department of Mathematics University La Sapienza Rome Italy CHAPMAN & HALL/CRC Boca Raton London New York Washington, D.C. Library of Congress  ...
Fabio Spizzichino, 2001
6
Subjective Probability Distribution Elicitation in Cost Risk ...
Current. Best. Practices. What practical advice can be given? While there seems to be much to consider and change in elicitation for cost risk analysis, a start can be made with the following procedure, which is synthesized from a number of ...
Lionel A. Galway, 2007
7
Judgment Under Uncertainty: Heuristics and Biases
Subjective probability: A judgment of representativeness Daniel Kahneman and Amos Tversky Subjective probabilities play an important role in our lives. The decisions we make, the conclusions we reach, and the explanations we offer are  ...
Daniel Kahneman, Paul Slovic, Amos Tversky, 1982
8
Probability Theory and Statistical Inference: Econometric ...
Example In the case of tossing a fair coin a person is likely to assign the subjective probability P(H) = }, because with no special information about the chance mechanism involved the two outcomes seem a priori equally likely. In the case ...
Aris Spanos, 1999
9
Operational Risk with Excel and VBA: Applied Statistical ...
Subjective probability renders the notion of probability subjective by regarding it as "degrees of belief" on behalf of individuals assessing the uncertainty of a particular situation. It depends on personal viewpoints and prior experience.
Nigel Da Costa Lewis, 2004
10
Philosophical Lectures on Probability: Collected, Edited, ...
This allows him to replace the schema of bets to provide a new operational definition of subjective probability free of the difficulties afflicting the former (cf. 4 note 12 at page 43) one. For a detailed exposition of such difficulties, see also Mura, ...
Bruno de Finetti, Alberto Mura, 2008

10 NEWS ITEMS WHICH INCLUDE THE TERM «SUBJECTIVE PROBABILITY»

Find out what the national and international press are talking about and how the term subjective probability is used in the context of the following news items.
1
A nuclear Iran is not the only danger hovering over Israel
Multiplying such a subjective probability by the damage that is likely to be incurred produces a result, which although indefinite, should be of grave concern to all ... «Haaretz, Apr 15»
2
REPORT: Greece is getting ready to default
Unfortunately, continued full membership of the euro now has become an outside scenario for us with a subjective probability of only 40% (see What Are the ... «Business Insider Australia, Apr 15»
3
Morgan Stanley cuts 2015 Canadian GDP forecast by 0.6 per cent
“We place a subjective probability of 1 in 3 that the Bank of Canada cuts interest rates in 2015.” They also expect the Canadian dollar depreciate further, ... «iPolitics.ca, Jan 15»
4
In Memory: Patrick Suppes, Stanford Philosopher, Scientist and …
... efforts to deepen the theoretical and empirical understanding of four major areas: the measurement of subjective probability and utility in uncertain situations, ... «Patch.com, Nov 14»
5
Patrick Suppes, Stanford philosopher, scientist and Silicon Valley …
... theoretical and empirical understanding of four major areas: the measurement of subjective probability and utility in uncertain situations, the development and ... «Stanford Report, Nov 14»
6
A Simple Tool for Making Better Forecasts
We have developed a method called SPIES (Subjective Probability Interval EStimates), which computes a range forecasts from a series of probability estimates, ... «blogs.hbr.org, May 14»
7
General Motors Company (GM) news: Chewing The 'CUD' On …
Now we come to the line Subjective probability of upside, which puts 60% of the weight on the upside scenarios and 40% on the downsides to calculate an ... «Seeking Alpha, Feb 14»
8
Why We Can't End the Civil War in Syria
Similarly, the EU's recent refusal to arm opposition forces in Syria may reduce the rebels' subjective probability of victory and therefore contribute to the ... «Carnegie Europe, Feb 13»
9
Morgan Stanley warns of 35% chance of eurozone collapse
... from Morgan Stanley's European research team, it said: "While a eurozone break-up is not our base case scenario, we raise our subjective probability to 35% ... «Investment Week, May 12»
10
Morgan Stanley Increases The Odds Of A Greek Exit To 35% Within …
"Our subjective probability for a divorce has risen to 35% and could rise rapidly in the run-up to the Greek election on June 17." They warn that a Greek exit will ... «Business Insider, May 12»

REFERENCE
« EDUCALINGO. Subjective probability [online]. Available <https://educalingo.com/en/dic-en/subjective-probability>. Apr 2024 ».
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