Bayes' rule
Also written: Bayes rule, Bayes' theorem
A formula that turns P(evidence | cause) into P(cause | evidence): P(H | E) = P(E | H) × P(H) ÷ P(E). It tells Sam how likely a flagged order is to be fraud.
Also written: Bayes rule, Bayes' theorem
A formula that turns P(evidence | cause) into P(cause | evidence): P(H | E) = P(E | H) × P(H) ÷ P(E). It tells Sam how likely a flagged order is to be fraud.