Objective estimates based on experimental data and initial and final knowledge /

An extension of the method of Jaynes, whereby least biased probability estimates are obtained, permits such estimates to be made which account for experimental data on hand as well as prior and posterior knowledge. These estimates can be made for both discrete and continuous sample spaces. The method allows a simple interpretation of Laplace's two rules: the principle of insufficient reason and the rule of succession. Several examples are analyzed by way of illustration.Prepared at Lewis Research Center."January 1972."Cover title.Includes bibliographical references (p. 39-40).An extension of the method of Jaynes, whereby least biased probability estimates are obtained, permits such estimates to be made which account for experimental data on hand as well as prior and posterior knowledge. These estimates can be made for both discrete and continuous sample spaces. The method allows a simple interpretation of Laplace's two rules: the principle of insufficient reason and the rule of succession. Several examples are analyzed by way of illustration.Mode of access: Internet