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Data, Probability and Decision Making: Winter 2010 | Just another WordPress.com weblog

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Data, Probability and Decision Making: Winter 2010 | Just another WordPress.com weblog | philosophy153.wordpress.com Reviews

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Bayes’ Rule and Breast Cancer | Data, Probability and Decision Making: Winter 2010

https://philosophy153.wordpress.com/2010/01/27/bayes-rule-and-breast-cancer

Data, Probability and Decision Making: Winter 2010. Just another WordPress.com weblog. Laquo; Spare calc. anyone? St Petersburg ‘Paradox’ Revisited. Bayes’ Rule and Breast Cancer. As you’re preparing for tomorrow’s midterm – and some of you are constructing voodoo dolls of various figures in the history of probability theory – I thought I’d share with you in some more detail a story about the real-world usefulness of Bayes’ Rule that I mentioned yesterday in class. In fact, that’s what Maya Sen. Did She ...

2

A Way to More Easily Remember the Rules for Conditional Sure-Loss Contracts | Data, Probability and Decision Making: Winter 2010

https://philosophy153.wordpress.com/2010/03/11/a-way-to-more-easily-remember-the-rules-for-conditional-sure-loss-contracts

Data, Probability and Decision Making: Winter 2010. Just another WordPress.com weblog. Laquo; Study Materials on Carmen. A Way to More Easily Remember the Rules for Conditional Sure-Loss Contracts. Before I start, please note that if you. Do not understand the basic rules of betting rates and gambling contracts,. The mathematical formula for the rule of conditional probability (A/B = A&B / B). Which aspect of this formula relates to each of the three bets. Bet 1 corresponds to A&B; Bet 2 corresponds ...

3

St. Petersburg ‘Paradox’ Revisited | Data, Probability and Decision Making: Winter 2010

https://philosophy153.wordpress.com/2010/02/02/st-petersburg-paradox-revisited

Data, Probability and Decision Making: Winter 2010. Just another WordPress.com weblog. Laquo; Bayes’ Rule and Breast Cancer. The St. Petersburg Game. St Petersburg ‘Paradox’ Revisited. Anyways, the main point of the St. Petersburg paradox is roughly this: The expected value comes down to a infinire series of additions, each addition adding 1 to the next. We get this: Expected value=1 1 1 1 1 1……………=. So for the game to be fair, we need to pay. By convergence of geometric series. All the rounds values sum...

4

Rip-Off | Data, Probability and Decision Making: Winter 2010

https://philosophy153.wordpress.com/2010/02/06/rip-off

Data, Probability and Decision Making: Winter 2010. Just another WordPress.com weblog. Laquo; The St. Petersburg Game. Study Materials on Carmen. As I was browsing ebay today, I came across this. Posting. It is quite possibly the weirdest thing I’ve seen on ebay. Here are some questions about it:. 1) Can you calculate the expected value of buying a $1 envelope? 2) Even if the answer to (1) is negative, is the expected value of this act positive? 3) What information is missing? From your own site. Wow, I ...

5

Study Materials on Carmen | Data, Probability and Decision Making: Winter 2010

https://philosophy153.wordpress.com/2010/02/15/study-materials-on-carmen

Data, Probability and Decision Making: Winter 2010. Just another WordPress.com weblog. A Way to More Easily Remember the Rules for Conditional Sure-Loss Contracts. Study Materials on Carmen. I sent you an email that contains the information below. But I’m posting it here just in case anyone doesn’t get the email but checks the blog regularly. I have posted three items to Carmen:. 1) A study guide for the second exam. 2) An answer key for that study guide. With tags second midterm. From your own site.

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Data, Probability and Decision Making: Winter 2010. Just another WordPress.com weblog. A Way to More Easily Remember the Rules for Conditional Sure-Loss Contracts. With tags final exam. On March 11, 2010 by Kati Hout. Before I start, please note that if you. Do not understand the basic rules of betting rates and gambling contracts,. The mathematical formula for the rule of conditional probability (A/B = A&B / B). Which aspect of this formula relates to each of the three bets. Bet 1 corresponds to A&B...

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