Statement and Interpretation
Mathematically, Bayes' theorem gives the relationship between the probabilities of and, and, and the conditional probabilities of given and given, and . In its most common form, it is:
The meaning of this statement depends on the interpretation of probability ascribed to the terms:
Read more about this topic: Bayes' Theorem
Famous quotes containing the word statement:
“Children should know there are limits to family finances or they will confuse “we can’t afford that” with “they don’t want me to have it.” The first statement is a realistic and objective assessment of a situation, while the other carries an emotional message.”
—Jean Ross Peterson (20th century)