Hi David, I have a question concerning an old video on YT concerning the Bayes Theory.
The YT link is here, , my question concerns how you have arrived at the values in the formula, specifically the values in the denominator of P(U).
In the formula, you have:
P(G/U) = P(U/G) * P(G) / P(U)...
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Here is a recent question I wrote to test Bayes Theorem (which has been reintroduced into the FRM)
1. Tree Approach
I have typically used a (binomial) tree to visualize this sort of problem. You start the tree with the unconditional (aka, marginal) probabilities which are the probabilities...
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