Tag: Max Black
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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 […]