imprecise probabilities

Imprecise probabilities are a way to express uncertainty when we don’t know exact chances of an event. Instead of giving a single probability (like 70%), we might provide a range (say between 60% and 80%), reflecting our limited information. This approach acknowledges that our knowledge isn't perfect and allows for more flexible reasoning, especially when data is scarce or ambiguous. It’s useful for making decisions without overcommitting to a specific estimate, providing a more honest picture of uncertainty in situations where precise probabilities are hard to determine.