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vanhees71 said:I'm again too stupid to follow this argument. I'd describe the coin-throughing probability experiment as follows. I assume that the coin is stable and there's a probability ##p## for showing head (then necessarily the probability for showing tail is ##q=1-p##).
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That's more a plausibility argument than a real strict proof, but it can be made rigorous, and it shows that the frequentist interpretation is valid. I don't thus see any need to introduce another interpretation of probabilities than the frequentist one for any practical purpose.
That's backwards from what you really want. You're starting with a probability, [itex]p[/itex], and then you're calculating the likelihood that you get [itex]H[/itex] heads out of [itex]N[/itex] flips. What you want is to calculate [itex]p[/itex] from [itex]H[/itex] and [itex]N[/itex], because [itex]p[/itex] is the unknown.
There are two different uncertainties involved in this thought experiment:
- The uncertainty in [itex]p[/itex], given [itex]\frac{M}{N}[/itex].
- The uncertainty in [itex]\frac{M}{N}[/itex], given [itex]p[/itex].
If [itex]N[/itex] is finite (which it always is), it's just incorrect for the frequentist to say that there is an uncertainty of 1% that the coin's true probability is [itex]\frac{1}{2} \pm \epsilon[/itex]