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2 cards from this section. Quick, good the night before a test.
Define Prior Probability in your own words.
Think about how we estimate events before any new information impacts our beliefs.
What is meant by Posterior Probability?
Relates to how our initial beliefs change with new data.
What does Bayes' Theorem help to revise?
Think about the importance of integrating new facts.
True or False: Bayes' Theorem can only be applied in clinical research.
Consider areas in which you make decisions based on probabilities.
In a rare disease, the probability of a test being positive given disease presence is 95%, but only 2% of the population has the disease. If tested positive, what is the probability actually having the disease?
Be cautious of the prior probability being quite low compared to the false positives.
Suppose there's an 85% chance of rain if clouds are present. The prior probability that it rains is 40%. If clouds appear, what is the probability of it raining?
Consider how presence of clouds correlate with rainfall.
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