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The probability of an event occuring once you know it occured is, surprisingly, "very likely near 1".
by gardarh 16y ago
The probability of an event occuring once you know it occured is, surprisingly, "very likely near 1".
- Gormo 16y agoSure, if you're looking at the probability of that specific event occurring. But if you want to generalize about kinds of events, rather than a single specific one, it's useful to use past events as sample data to estimate probabilities of similar events occurring in the future (provided, of course, that you have defined meaningful categories for entities and events.)