Tag: Max Black

  • Some Half-Baked Thoughts on Exchangeability and Identity

    by David L Duffy ___ Exchangeability is a concept that is closely bound up with ideas of individuality and identity. In probability and statistics, it is a crucial formalized idea that underlies whole areas like Bayesianism and subjective probability. [1] In the mathematical context, exchangeable events or variables can be permuted without altering the properties […]