Probability
- Frequentist Approach
- Describe the limiting nature of a process
- Example:
- Toss a fair coin
- Observation
- Total Toss
- n of heads
- n of tails
- % of heads
- % of tails
- Starting you get 100% heads, then 75% heads, then eventually you get to 50% heads.
- That's the limiting nature.
- Also Bayesian Approach