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Bayesian Estimator

Revise your probability estimates using Bayes' Rule

Revise your probability estimates using Bayes' Rule

Bayesian Estimator

by Bill Nolen
Bayesian Estimator
Bayesian Estimator

What is it about?

Revise your probability estimates using Bayes' Rule. Bayes’ Rule has emerged to be recognized as an important tool for modifying estimates based on new information.

Bayesian Estimator

App Details

Version
1.0
Rating
NA
Size
16Mb
Genre
Business Education
Last updated
August 17, 2015
Release date
August 17, 2015
More info

App Store Description

Revise your probability estimates using Bayes' Rule. Bayes’ Rule has emerged to be recognized as an important tool for modifying estimates based on new information.

Input the initial estimate of probability and the probability of the new information under two conditions: when the initial estimate is true and when the initial estimate is false.

The revised (posterior) probability displays.

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