This is another way of moving towards a bayesian lower bound instead of a frequentist one. As your formula shows, in this case the bayesian formula is super dup

This is another way of moving towards a bayesian lower bound instead of a frequentist one. As your formula shows, in this case the bayesian formula is super duper simple. (positive + constant1) / (positive + negative + constant1 + constant2) For more details see the beta distribution.