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“Thomas Bayes was a 17th century English polymath. He documented a method for statistical analysis and probability which has become core to those disciplines. In its simplest form, Bayes Theorem allows us to find the probability of an event occurring them we know the probability of multiple related…”
“This a model of probability and statistics where multiple exclusive options are available, pursued, each one having an individual probability of success. The player must decide if they should continue using a single option, or switch to a new option in the hopes of getting a better output. The name…”