Bayes’ theorem

(redirected from Bayes' law)

Bayes’ theorem

Simplistically, Bayes’ theorem is a formula which allows one to find the probability that an event occurred as the result of a particular previous event. It is often used in medicine to determine the mathematical relationship between the probability that an individual has a disease, X, before the test is run, to the probability that the individual has the disease after the test result is known.
References in periodicals archive ?
We show that a consumer who distrusts both submodels and the posterior over submodels that emerges from Bayes' law will behave in a way that supports much of what Bansal and his coauthors do.
Once a user sets values for some nodes, an efficient algorithm that computes Bayes' Law can provide the distribution over the values of any other node.
The private sector updates the probability that the government is NI by use of Bayes' law
This comprehensive resource covers basic statistical concepts from volatility and Bayes' Law to regression analysis and hypothesis testing.