The Bayesian View of Probability

In the Bayesian view, the probability isn't a frequency, but it's thought of as what's called a subjective degree of belief. So if I were to tell you that the probability that I assigned to the coin landing heads is 60%, all I'm telling you is that I'd be willing to take a bet on either side of that price at the implied odds. Those are the two predominant views, I guess, within statistics, or at least within the philosophy of statistics,. They're not necessarily competing views there.