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Results tagged with bayesian
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user 98976
Bayesian inference is a method of statistical inference that relies on treating the model parameters as random variables and applying Bayes' theorem to deduce subjective probability statements about the parameters or hypotheses, conditional on the observed dataset.
1
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Accepted
Probability of at least one success in a long string of connected events
Think I found the solution: We'll use the chain rule of bayesian networks to calculate the probability of every event being unsuccessful. The answer is 1 minus that number. …
- 205
4
votes
1
answer
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Probability of at least one success in a long string of connected events
I have N events (i from 1 to N), each with an estimated probability of success, p(i).
If all my events were independent I'd be able to calculate the probability of at least one success as (1 - product …
- 205