3 ms·How do you know what values p(e) and p(c) are?by yequalsx 15y agoHow do you know what values p(e) and p(c) are?klochner 15y agoYou've just learned the dirty secret of financial modeling - it's a lot of math and statistics built on top of on possibly arbitrary guesses of prior probabilities.hugh3 15y agoFun fact: the average VW Beetle contains twelve social media experts.