FrequentismSubjectivismPrimitivism
Interpretation of the statement, “The weighted coin will land heads with probability 0.6.”Limiting value of the ratio of heads to tails as the number of flips approaches infinity.A rational agent (objective) or I (subjective) would bet 60 cents to a dollar on the coin landing heads.Probability is an irreducible logical primitive, hence cannot be translated into other concepts.
Main limitationsEvery attempt to define probability includes notion of probabilityUnclear why this should be a good meaning for the probability statementUnsatisfying
Makes claim about a fact of the matter in the world✔️✔️
Can be analyzed✔️✔️