All you need to know about Bayes' theorem and how it's used to evaluate the probability that financial scenarios will occur.

Reference 2 discusses the application of Bayes’ Theorem to a horse-racing example. In the past, a horse won five out of 12 races, but it had rained heavily before three of the five wins.

Bayes' theorem in essence states that the probability of a given hypothesis depends both on the current data and prior knowledge.

How likely you think something is to happen depends on what you already believe about the circumstances. That is the simple ...

An international team of researchers have successfully derived a quantum version of Bayes’ rule, a cornerstone of probability theory ...

First articulated in the 18th century by a hobbyist-mathematician seeking to reason backward from effects to cause, Bayes’ theorem spent the better part of two centuries struggling for ...

An example of parallel worlds, or alternative outcomes for a world created with our initial conditions. Bayes' theorem has implications for the way our world turned out.

Probability theorem gets quantum makeoverWhat would Thomas Bayes think? In 1763, he proposed a new approach to calculate ...

Although Bayes's theorem demands a prior that is a probability distribution on the parameter space, the calculus associated with Bayes's theorem sometimes generates sensible procedures from improper ...

Thomas Bayes was an English cleric and mathematician who was interested, among other things, in finding a proof of god. He couldn’t, but he left a treatise and a theorem, which, after it was ...