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Bayes’ Theorem

Bayes’ Theorem

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Published by anindya_kundu

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Categories:Types, Business/Law
Published by: anindya_kundu on Apr 16, 2010
Copyright:Attribution Non-commercial

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05/12/2014

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Bayes¶ Theorem
 
Bayes¶ Theorem
Relate marginal and conditionalprobabilities of two random variablesOr it is the basic formula for conditionalprobability under dependence is calledBayes¶ Theorem.Or it provides the means of calculatingposterior probabilities from prior probability
 
The basic formula for conditional probability can be written as
P(B)P(A)P(B/A)P(A/B)
!
P(
 A
)
is the prior probability or marginal probability of 
 A
.
P(
 A
|
B
)
is the conditional probability of 
 A
, given
B
. It isalso called the posterior probability
P(
B
|
 A
)
is the conditional probability of 
B
given
 A
.
P(
B
)
is the prior or marginal probability of 
B

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