Inductive Reasoning - Inductive Inference

Inductive Inference

Around 1960, Ray Solomonoff founded the theory of universal inductive inference, the theory of prediction based on observations; for example, predicting the next symbol based upon a given series of symbols. This is a formal inductive framework that combines algorithmic information theory with the Bayesian framework. Universal inductive inference is based on solid philosophical foundations and can be considered as a mathematically formalized Occam's razor. Fundamental ingredients of the theory are the concepts of algorithmic probability and Kolmogorov complexity.

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Famous quotes containing the word inference:

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