THE ROLE AND PRACTICAL APPLICATION OF THE TOTAL PROBABILITY AND BAYES’ FORMULAS IN STATISTICAL ANALYSIS
Keywords:
total probability formula, Bayes’ formula, conditional probability, statistical analysis, artificial intelligence, probability theory, machine learning, medical diagnosis, risk analysis, probability updatingAbstract
This article explores two fundamental concepts in probability theory: the total probability formula and Bayes’ formula. It discusses their theoretical foundations and examines their practical applications in various real-life fields, including medicine, artificial intelligence, risk analysis, and economic modeling.
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