For anyone interested, the above appendix comes from ET Jaynes's[1] magnum opus, "Probability Theory: The Logic of Science" [2]. Which, IMHO is deserving of it

For anyone interested, the above appendix comes from ET Jaynes's[1] magnum opus, "Probability Theory: The Logic of Science" [2]. Which, IMHO is deserving of it's grand title and provides an excellent framework for using Bayes in the real world. [1] http://en.wikipedia.org/wiki/Edwin_Thompson_Jaynes http://en.wikipedia.org/wiki/Edwin_Thompson_Jaynes [2] http://shawnslayton.com/open/Probability%20book/book.pdf http://shawnslayton.com/open/Probability%20book/book.pdf