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Bayes\' theorem

[beyz, bey-ziz]

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noun Statistics.

a theorem describing how the conditional probability of each of a set of possible causes, given an observed outcome, can be computed from knowledge of the probability of each cause and of the conditional probability of the outcome, given each cause.

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Origin:
see Bayesian

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Based on the Random House Dictionary, © Random House, Inc. 2012.
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Bayes' theorem is always a great word to know.

So is lollapalooza. Does it mean:

a calculus or concretion found in the stomach or intestines of certain animals, esp. ruminants, formerly reputed to be an effective remedy for poison.

an extraordinary or unusual thing, person, or event; an exceptional example or instance.

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Collins

World English Dictionary

Bayes' theorem (beɪz)

—n
	statistics the fundamental result which expresses the conditional probability P(E/A) of an event E given an event A as P(A/E).P(E)/P(A); more generally, where E_n is one of a set of values E_i which partition the sample space, P(E_n/A) = P(A/E_n)P(E_n)/Σ P(A/E_i)P(E_i). This enables prior estimates of probability to be continually revised in the light of observations

[C20: named after Thomas Bayes (1702--61), English mathematician and Presbyterian minister]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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