  Quantum mechanics is a fundamentally probabilistic theory (at least so far as
the empirical predictions are concerned). It follows that, if one wants to
properly understand quantum mechanics, it is essential to clearly understand
the meaning of probability statements. The interpretation of probability has
excited nearly as much philosophical controversy as the interpretation of
quantum mechanics. 20th century physicists have mostly adopted a frequentist
conception. In this paper it is argued that we ought, instead, to adopt a
logical or Bayesian conception. The paper includes a comparison of the orthodox
and Bayesian theories of statistical inference. It concludes with a few remarks
concerning the implications for the concept of physical reality.
