The term observable has become the standard name in quantum mechanics for what used to be called physical quantity or measurable quantity in classical physics. This term derives from observable quantity (“beobachtbare Grösse”), which was used by Werner Heisenberg in his groundbreaking work on ► matrix mechanics [1] to emphasize that the meaning of a physical quantity must be specified by means of an operational definition. Together with a state (► states in quantum mechanics), an observable determines the probabilities of the possible outcomes of a measurement of that observable on the quantum system prepared in the given state. Conversely, observables are identified by the totalities of their measurement outcome probabilities. Examples of observables in quantum mechanics are position, velocity, momentum, angular momentum, spin, and energy. ► Spin; Stern-Gerlach experiment; Vector model.
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Busch, P., Lahti, P. (2009). Observable. In: Greenberger, D., Hentschel, K., Weinert, F. (eds) Compendium of Quantum Physics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-70626-7_130
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