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Probability

A formal way to represent uncertainty or long-run regularity, depending on the interpretation used.

thoughtStrong evidence
IN PLAIN LANGUAGE

Probabilities make confidence more precise and revisable. A useful forecast also needs a deadline and a rule for deciding whether it occurred.

What “Strong evidence” means

The core definition or effect is well established across authoritative standards, foundational research or a broad research literature. The label does not make every practical prediction certain.

Marker-board illustration created specifically to explain Probability: A formal way to represent uncertainty or long-run regularity, depending on the interpretation used.VISUAL EXPLANATION · MARKER BOARD
A formal way to represent uncertainty or long-run regularity, depending on the interpretation used.
EXAMPLE

Saying 70% likely communicates more than ‘probably’ and can later be checked across many forecasts.

COMMON CONFUSION

A 70% event failing once does not by itself prove the estimate irrational.

ASK YOURSELF

What evidence would move this estimate by at least ten percentage points?

RELATED CONCEPTS
thought × bridgeUncertainty

A state in which available information does not determine one outcome, explanation or confidence level with certainty.

thoughtInductive reasoning

Reasoning in which evidence supports a conclusion to some degree without guaranteeing it.

thoughtAnchoring

Insufficient adjustment of a judgment away from an initial value or reference point.

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References

Last reviewed

  1. 01
    Inductive Logic

    James Hawthorne · Stanford Encyclopedia of Philosophy

    How evidence can support a conclusion without guaranteeing it.
    Reference source
What the source labels mean
Primary source
Original work, experiment, standard or historical text.
Academic source
Scholarly research or review published for an academic audience.
Reference source
An expert standard, encyclopedia or institutional explanation that summarizes a field.
General reference
A practical specialist resource useful for application, but not treated as decisive research by itself.