posterior probability

World English Dictionary
posterior probability
 
n
statistics Compare prior probability See also empirical the probability assigned to some parameter or to an event on the basis of its observed frequency in a sample, and calculated from a prior probability by Bayes' theorem

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Posterior probability is always a great word to know.
So is callithumpian. Does it mean:
a chattering or flighty, light-headed person.
a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes.
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