> "The chances of my theory being true given this data is greater than 95% (or was it chances of getting this data given my theory?)"
The first statement assumes that parameters (i.e. a state of nature) are random variables. That's the Bayesan approach. The second statement assumes that parameters are fixed values, not random, but unknown. That's the frequentist approach.
The first statement assumes that parameters (i.e. a state of nature) are random variables. That's the Bayesan approach. The second statement assumes that parameters are fixed values, not random, but unknown. That's the frequentist approach.