Welcome to the fifth episode of The Logic of Risk. After introducing the classical definition, we begin a review of the main schools of thought in probability. We’ll see that some are objectivist and others are subjectivist, plus a few that position themselves somewhere in between. Among the objectivist schools, we’ll introduce the most commonly used (and abused) one: the frequentist school.Are you ready to take the risk?Become a supporter of this podcast: https://www.spreaker.com/podcast/the-logic-of-risk--6469023/support.

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