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Bayes' Theorem definitions
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Define:
Conditional Probability
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👆
Conditional Probability
Likelihood of an event occurring when another event is already known to have happened.
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Terms in this set (15)
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Conditional Probability
Likelihood of an event occurring when another event is already known to have happened.
Bayes' Theorem
A formula that updates the probability of an event based on new evidence or information.
Numerator
The top part of a probability fraction, often representing joint or combined probabilities.
Denominator
The bottom part of a probability fraction, typically representing the total or given probability.
Joint Probability
The chance that two events occur together, often used in the calculation of conditional probabilities.
Complement
The event representing all outcomes not included in a specific event, such as not drawing from a certain bag.
Event A
The known or given outcome in a probability scenario, such as drawing a red marble.
Event B
The outcome of interest in a probability scenario, such as selecting from a specific bag.
B Complement
The scenario where the outcome of interest does not occur, such as not selecting from the left bag.
Probability Fraction
A ratio expressing the likelihood of an event, with a numerator and denominator representing different probabilities.
Given Event
The condition or information already known when calculating conditional probabilities.
Prior Probability
The initial likelihood of an event before considering new evidence or information.
Posterior Probability
The updated likelihood of an event after incorporating new evidence using Bayes' theorem.
Sample Space
The set of all possible outcomes in a probability experiment, such as all marbles in both bags.
Fraction Simplification
The process of reducing probability ratios to their simplest form for easier interpretation.