Bayesian Estimator app for iPhone and iPad

4.0 ( 9920 ratings )

Business Education
Developer: Bill Nolen

0.99 USD

Current version: 1.0, last update: 7 years ago
First release : 17 Aug 2015
App size: 16.68 Mb

Revise your probability estimates using Bayes Rule. Bayes’ Rule has emerged to be recognized as an important tool for modifying estimates based on new information.

Input the initial estimate of probability and the probability of the new information under two conditions: when the initial estimate is true and when the initial estimate is false.

The revised (posterior) probability displays.