Last Uncertainty Wednesday, I introduced the idea of beliefs. Today we will make this idea more precise. We started with an extreme belief, the one that a coin is so biased that we will only observe “heads” (H). More realistically one might belief that a coin is fair, but has some possibility of being slightly biased in either direction (e.g., more likely to observer H or more likely to observe T). So how do we formalize this? A belief is simply a probability distribution. For instance the on...