Conditional Probability
Copyright policy )Conditional Probability
Based on the notion of a protocol the evaluation of a protocol is introduced, which leads by means of axioms to some well-known properties of conditional expectations. In this framework a version of the law of large numbers is presented. Furthermore, an interesting justification of the notion of (elementary) conditional probabilities is given by means of a betting procedure.
betting procedure, axioms, possibilities, law of large numbers, conditional probabilities, conditional expectations, Axioms; other general questions in probability, subjective probability, Foundations and philosophical topics in statistics, protocol
betting procedure, axioms, possibilities, law of large numbers, conditional probabilities, conditional expectations, Axioms; other general questions in probability, subjective probability, Foundations and philosophical topics in statistics, protocol
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