PROBABILITY: How a 250-Year-Old Theorem Still Explains the World
The Next Big Idea
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Predicting the Future and Probability Theory
Exploring the human ability to make predictions in daily life, the chapter discusses the concept of probability and how it influences decision-making. It delves into the history and significance of Bayes' Theorem, explaining its applicability in various fields and the importance of prior assumptions in making accurate forecasts.
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