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We face vague probabilities.
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Upon realizing this, we started avoiding all vague probability terms and talking in actual percentages.
4. Imprecise (vague) probability for God's existence So far we have presupposed that probability assignments are sharp.
We used vague prior probability distributions for all parameters [ 33], but the common advise of standardizing variables resolved instability issues in our case.
The research questions were experimentally investigated using a 2 × 3 design with the factors framing (gain, loss) and accuracy of information about audit probabilities (no, vague or precise information).
Second, the power to intrude into our privacy must be based on evidence – not just vague suspicion or statistical probability – that we are behaving, or about to behave, illegally.
The word "probability" is vague and ambiguous, for example, but various contexts of its usage can be distinguished and theories of evidential support, relative frequency, and causal propensity can be advanced.
Bayesian phylogenetic inferences were conducted using MrBayes 3.0.2 [ 60] using vague or uninformative prior probability distributions of the likelihood model under the JTT [ 61] +I+Γ model.
Yang and Rannala [31] showed that the choice of priors affects posterior probabilities and that vague or uninformative priors can cause them to deviate from the fraction of correct inferences, but they did not investigate whether the deviation was structured to favor certain topologies.
There may be more than one fair price — you may find a range of such prices acceptable, as may also occur if your probability for E is vague.
The contribution made by probability theory, fuzzy set theory, vague sets, rough sets, and interval mathematics to deal with uncertainty is of vital importance but these theories have their own limitations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com