Probable Deductions, or more accurately, Deductions of Probability, are Deductions whose Interpretants represent them to be concerned with ratios of frequency. They are either Statistical Deductions or Probable Deductions Proper. A Statistical Deduction is a Deduction whose Interpretant represents it to reason concerning ratios of frequency, but to reason concerning them with absolute certainty. A Probable Deduction proper is a Deduction whose Interpretant does not represent that its conclusion is certain, but that precisely analogous reasonings would from true premisses produce true conclusions in the majority of cases, in the long run of experience.