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Subjective probability is based on the intuitive idea that probabilityquantifies the degree of belief that an event will occur. A probability theorybased on this idea represents the most general framework for handlinguncertainty. A brief introduction to subjective probability and Bayesianinference is given, with comments on typical misconceptions which tend todiscredit it and comparisons to other approaches.

Teaching statistics in the physics curriculum: Unifying and clarifying role of subjective probability