Credence or degree of belief is a statistical term that expresses how much a person believes that a proposition is true. As an example, a reasonable person will believe with close to 50% credence that a fair coin will land on heads the next time it is flipped (minus the probability that the coin lands on its edge).
Credence or degree of belief is a statistical term that expresses how much a person believes that a proposition is true. As an example, a reasonable person will believe with close to 50% credence that a fair coin will land on heads the next time it is flipped (minus the probability that the coin lands on its edge).
Source: Wikipedia "Credence (statistics)" · CC BY-SA 4.0
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