My course notes say,
for normalised wave functions $\psi(x,t)$, the function $$\rho(x,t)=|\psi(x,t)|^2=\overline{\psi(x,t)}\psi(x,t)$$ gives the $\color{red}{\text{probability density}}$ for the position of the particle.
I guessed from the bold that something about this is specific to normalised wave functions, but later the notes have
The probability density of $$\psi(x,t)=A\exp(i(kx-\omega t))$$ is $$\rho(x,t)=|\psi|^2=|A|^2.$$ [...] We cannot normalise the wavefunction $\psi$.
So what relationship is there between normalisability and the existence of a probability density function? Can I use $\rho(x,t)=|\psi(x,t)|^2$ for any $\psi$, regardless of whether or not it's normalisable?