Recent discussion of the calibration of probability assessments is related to the earlier influential attitudes of Fréchet. The limiting frequency criterion of good calibration is criticised as being of no relevance to the evaluation of the probability of any event. An operational definition of good calibration is proposed which treats calibration properties as characteristics of the assessor's entire body of opinion, not of opinion about some particular event or events. In these terms a result is shown which says that every (...) coherent opinion distribution is well-calibrated. Scoring rule representations as calibration plus refinement scores are discussed. It is proposed that a subjectivist could well attribute particular bad experiences to 'luck', and must balance this sense of luck with a sense of the inadequacy of his/her own knowledge when evaluating previous knowledge and experience. (shrink)

Considers that intuitive predictions follow a judgmental heuristic-representativeness. By this heuristic, people predict the outcome that appears most representative of the evidence. Consequently, intuitive predictions are insensitive to the reliability of the evidence or to the prior probability of the outcome, in violation of the logic of statistical prediction. The hypothesis that people predict by representativeness was supported in a series of studies with both naive and sophisticated university students. The ranking of outcomes by likelihood coincided with the ranking by (...) representativeness, and Ss erroneously predicted rare events and extreme values if these happened to be representative. The experience of unjustified confidence in predictions and the prevalence of fallacious intuitions concerning statistical regression are traced to the representativeness heuristic. (shrink)

One of Ian Hacking's earliest publications, this book showcases his early ideas on the central concepts and questions surrounding statistical reasoning. He explores the basic principles of statistical reasoning and tests them, both at a philosophical level and in terms of their practical consequences for statisticians. Presented in a fresh twenty-first-century series livery, and including a specially commissioned preface written by Jan-Willem Romeijn, illuminating its enduring importance and relevance to philosophical enquiry, Hacking's influential and original work has been revived for (...) a new generation of readers. (shrink)

The Empire of Chance tells how quantitative ideas of chance transformed the natural and social sciences, as well as daily life over the last three centuries. A continuous narrative connects the earliest application of probability and statistics in gambling and insurance to the most recent forays into law, medicine, polling and baseball. Separate chapters explore the theoretical and methodological impact in biology, physics and psychology. Themes recur - determinism, inference, causality, free will, evidence, the shifting meaning of probability - but (...) in dramatically different disciplinary and historical contexts. In contrast to the literature on the mathematical development of probability and statistics, this book centres on how these technical innovations remade our conceptions of nature, mind and society. Written by an interdisciplinary team of historians and philosophers, this readable, lucid account keeps technical material to an absolute minimum. It is aimed not only at specialists in the history and philosophy of science, but also at the general reader and scholars in other disciplines. (shrink)