In Bayesian statistics, the posterior probability of a random event or an uncertain proposition is the conditional probability that is assigned after the relevant evidence is taken into account. Similarly, the posterior probability distribution is the distribution of an unknown quantity, treated as a random variable, conditional on the evidence obtained from an experiment or survey.
Read more about Posterior Probability: Definition, Example, Calculation, Classification
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“Legends of prediction are common throughout the whole Household of Man. Gods speak, spirits speak, computers speak. Oracular ambiguity or statistical probability provides loopholes, and discrepancies are expunged by Faith.”
—Ursula K. Le Guin (b. 1929)
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