Propensity probability definition

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Propensity probability

Propensity probability logo #21000 The propensity theory of probability is one interpretation of the concept of probability. Theorists who adopt this interpretation think of probability as a physical propensity, or disposition, or tendency of a given type of physical situation to yield an outcome of a certain kind, or to yield a long run relative frequency of such an outcome. Prope...
Found on http://en.wikipedia.org/wiki/Propensity_probability
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