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Bayes' theorem |
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Bayes' theorem [bāz′] Etymology: Thomas Bayes, British mathematician, 1702-1761 a mathematic statement of the relationships of test sensitivity, specificity, and the predictive value of a positive test result. The predictive value of the test is the number that is useful to the clinician. A positive result demonstrates the conditional probability of the presence of a disease. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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In order to motivate our experiment, we discuss a model based on Farmer and Terrell (1996) and Lewis and Terrell (2001), who examine a statistical discrimination framework with Bayesian updating of employers' beliefs. |
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