What is Probability?
In Mathematics, Probability theory is the study of chances. In real life, we predict chances depending on the situation. But Probability theory is bringing a mathematical foundation for the concept of Probability. For example, if a box contain 10 balls which include 7 black balls and 3 red balls and randomly chosen one ball. Then the Probability of getting red ball is 3/10 and Probability of getting black ball is 7/10. When coming to statistics, Probability is like the back bone of statistics. It has a wide application in decision making, data science, business trend studies, etc.
How to Calculate Probability of Event A Occurring given Event B occurs using Baye's Theorem?
Probability of Event A Occurring given Event B occurs using Baye's Theorem calculator uses Probability of Event A given Event B Occurs = (Probability of Event B given Event A Occurs*Probability of Event A)/Probability of Event B to calculate the Probability of Event A given Event B Occurs, The Probability of Event A Occurring given Event B occurs using Baye's Theorem formula is defined as the conditional probability, i.e. the probability of a second event B occurring based on the probability of the first event A occurring, where two events occurring in relation to one another, and calculated using Baye's Theorem. Probability of Event A given Event B Occurs is denoted by P_{(A|B)} symbol.
How to calculate Probability of Event A Occurring given Event B occurs using Baye's Theorem using this online calculator? To use this online calculator for Probability of Event A Occurring given Event B occurs using Baye's Theorem, enter Probability of Event B given Event A Occurs (P_{(B|A)}), Probability of Event A (P_{(A)}) & Probability of Event B (P_{(B)}) and hit the calculate button. Here is how the Probability of Event A Occurring given Event B occurs using Baye's Theorem calculation can be explained with given input values -> 1.3775 = (0.2*0.5)/0.2.