Summary |
Perhaps the most natural way to understand probability is as an epistemic phenomenon. A probability function is an attempt to quantify a degree of uncertainty -- a state of mind. But some probabilities appear to be objective features of the world. A well constructed die has a probability of one in six that it will land on any given side, for instance. Such objective probabilities, or chances, explain why events happen with typical frequencies, while they cannot be predicted with certainty on any given trial. Philosophical controversies primarily arise regarding: the relationship between chances and epistemic states (under what circumstances should our degree of confidence match the chance, and why?); and also regarding the relationship between chances and frequencies (if chances are not reducible to frequencies, how do they explain those frequencies?). |