In a deterministic universe where knowing every possible cause and initial condition leads you to figure out the effects with precision, each event ends up having a “real” probability of 0 or 1. Things would either necessarily happen or not. That is that probability is seen as a function of ignorance and without this ignorance, the concept ceases to exist as envisioned by Laplace’s demon.
The question then is what is the “real” probability of an event if the universe was fundamentally stochastic/random, especially on a macro scale? Even if we can’t fully determine each effect despite knowing everything there is, what are the actual possibilities and how can we mathematize them?
For example, would the probability of a particular coin toss landing on heads still be 0.5 even if we knew every possible thing about the initial conditions and prior causes before the coin toss? Or given that we’d still be in a macro scale, would we have enough knowledge to predict with 100% or near certainty where the coin will land?
What about the impact of the time at which this knowledge is discovered if determinism is false? For example, let’s assume a coin toss occurs at time t. If we knew everything that we could about the universe at time t - 1 seconds, would the probability of the coin landing on heads be vastly different than if all we could know about the universe was at time t - 1000 days?