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Mon 1 Sep, 2014 11:15 am
Bayes is most used to know probability backwards.
Supose we are at the car races and there are 10 cars.
The chance to pick the winner is 1/10.
But, we know that driver 1 and driver 2 have some hidden conditions.
Driver #1 is has more experience and driver #2 has done some improvements in his engine.
Supose, driver 1 wins and driver 2 gets the 2nd place.
How do you calculate probabilities with Bayes?