It is said that Napoleon assessed probabilities at the Battle of Waterlooin 1815. His hopes for victory
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Suppose Napoleon were using Bayes’ theorem to revise his information. To do so, he would have had to make some judgments about P(Prussian and English Join Forces | Napoleon Wins) and P(Prussian and English Join Forces | Napoleon Loses). In particular, he would have had to judge the ratio of these two probabilities. Based on the previously stated prior and posterior probabilities, what is that ratio?
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Related Book For
Making Hard Decisions with decision tools
ISBN: 978-0538797573
3rd edition
Authors: Robert Clemen, Terence Reilly
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