LikelyhoodFunction_The world is a complex place.pdf
Likelihood: when an event happened (for example, Heads=3), what is the probability of each possible model parameter.
Probability: If I know the model parameter (for example p=0.5), what is the probability for some events?
So, values in the context of one row are called likelihood.
Values in the context of one Column are called probability.
Just similar as Chinese saying, “横看成岭侧成峰”. You can interpret data in different context.
Tax Incidence formulas in the view of producer and consumer
My daughter attends her first college class, Micro economy, at the summer of her juniorRead More......
Java bitCount algorithm explanation
It is not strange to have bit wise operator and Left/Right Shift in a function. ButRead More......