Online Service: How Likely Is That? Bayes’ Theorem and Why It Matters
Bayes' Theorem is a formula for calculating probability based on evidence available. It is demonstrably correct (that's what makes it a theorem), and many modern institutions now rely on it: its logic underlies gambling odds, insurance calculations, and robot navigation. But it's results often contradict human intuitions, because human intuitions are really bad with probabilities. […]
