How The Bayesian Network Can Be Used?

How The Bayesian Network Can Be Used? Bayesian networks are a type of Probabilistic Graphical Model that can be used to build models from data and/or expert opinion. They can be used for a wide range of tasks including prediction, anomaly detection, diagnostics, automated insight, reasoning, time series prediction and decision making under uncertainty. How

What Is Meant By Prior Probability?

What Is Meant By Prior Probability? Prior probability shows the likelihood of an outcome in a given dataset. For example, in the mortgage case, P(Y) is the default rate on a home mortgage, which is 2%. P(Y|X) is called the conditional probability, which provides the probability of an outcome given the evidence, that is, when