Bayes Theorem
Prior Probabilities On way to party you ask Has Karl already had too many beers Your prior probabilities are 20 yes 80 no Prior Odds Omega The ratio of the two prior probabilities
posterior priorpriorposteriordistributionprobabilityreviseddatahypothesisratiooddsalternativeprobabilitiesprecisionbeersnullsamplelikelihoodparameterlikelihoods
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