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In a sense this is precisely the Bayesian persective on what probabilities mean. Rather than being the limit fraction of a number of times an event occurs, it is a strength of belief conditioned on a prior. Bayesian approaches to statistical reasoning always start with a prior belief and condition based on that.

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In a sense this is precisely the Bayesian persective on what probabilities mean. Rather than being the limit fraction of a number of times an event occurs, it is a strength of belief conditioned on a prior. Bayesian approaches to statistical reasoning always start with a prior belief and condition based on that