Bayesian Odds

Author(s): Egor Howell

Originally published on Towards AI.

How you can quickly compute the odds of an event using Bayes’ theorem

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Photo by Keenan Constance on Unsplash

In our Bayesian journey so far we have derived Bayes’ theorem and gone over how you can use it to update your beliefs when new data comes to light. You can check out those articles here (highly recommend!):

A simple and intuitive explanation of conditional probability and Bayes’ theorem.

pub.towardsai.net

An intuitive explanation on updating your beliefs using Bayes’ theorem

towardsdatascience.com

In this post, we will go through an alternative way to compute and update your beliefs using Bayes’ theorem through odds.

Odds are an alternative form of expressing the… Read the full blog for free on Medium.

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Published via Towards AI