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  • Posterior Probabilities

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    HIEN TRAN THE
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    This document provides a template for calculating posterior probabilities given prior probabilities and likelihoods. It contains a table with the prior probabilities of different states of nature being either "Oil" or "Dry". It also includes the likelihoods of different findings called "FSS" and "USS" given each state. The document then shows the calculations of the posterior probabilities of each state being "Oil" or "Dry" given each finding using Bayes' theorem.

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    Posterior Probabilities (1)

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    This document provides a template for calculating posterior probabilities given prior probabilities and likelihoods. It contains a table with the prior probabilities of different states of nature being either "Oil" or "Dry". It also includes the likelihoods of different findings called "FSS" and "USS" given each state. The document then shows the calculations of the posterior probabilities of each state being "Oil" or "Dry" given each finding using Bayes' theorem.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    11 views1 page

    Posterior Probabilities

    Uploaded by

    HIEN TRAN THE
    This document provides a template for calculating posterior probabilities given prior probabilities and likelihoods. It contains a table with the prior probabilities of different states of nature being either "Oil" or "Dry". It also includes the likelihoods of different findings called "FSS" and "USS" given each state. The document then shows the calculations of the posterior probabilities of each state being "Oil" or "Dry" given each finding using Bayes' theorem.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 1

    A B C D E F G H

    1 Template for Posterior Probabilities


    2
    3 Data: P(Finding | State)
    4 State of Prior Finding
    5 Nature Probability FSS USS
    6 Oil 0.25 0.6 0.4
    7 Dry 0.75 0.2 0.8
    8
    9
    10
    11
    12 Posterior P(State | Finding)
    13 Probabilities: State of Nature
    14 Finding P(Finding) Oil Dry
    15 FSS 0.3 0.5 0.5
    16 USS 0.7 0.14286 0.85714
    17
    18
    19

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