Personal probabilities

Personal probabilities are an individual's unique assessment of how likely an event is to happen, based on their own knowledge, experiences, and beliefs. Unlike objective probabilities, which are derived from statistical data, personal probabilities reflect your subjective judgment. For example, if you believe there’s a 70% chance it will rain tomorrow based on your weather observations, that’s your personal probability. These judgments help in decision-making, especially when data is incomplete or uncertain. Essentially, personal probabilities are your personal degree of confidence about future outcomes.