Computer Science
a year ago

New study reveals how probability updates can transform decision-making processes.

1 view
Revista de la Real Academia de Ciencias Exactas Físicas y Naturales Serie A Matemáticas
Conditional probability and probability updating
José Manuel Gutiérrez

Paper Summary

The conditional probability formula is the only way to update probability accurately when new information is added. This applies to the standard Bayesian model.

Related papers

Theme background image
Computer Science
a year ago

New study reveals how probability updates can transform decision-making processes.

Model-Based Clustering
Bayesian Networks
Missing Data
2 views
Theme background image
Mathematics
2 years ago

Unlocking the Secrets of Probability: Changing the Game for Decision Making

Statistical Modeling
Bayesian Networks
1 view
Theme background image
Mathematics
3 years ago

Understanding Probability: The Key to Accurate Risk Assessment and Decision Making

Statistical Literacy
Statistical Modeling
2 views