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Old 05-03-2007, 05:32 AM
HP HP is offline
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Join Date: Oct 2004
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Default Simple Probabilty Question

This has no poker in it so if mods want to move this to SMP I understand

Suppose you have some data on a variable. The only possible values for the variable are 0 and 1

You have no idea where this data comes from

We get 100 data points. We end up with X 1's, and (100-X) 0's. There is a 101th data point, but we haven't been told what it is yet

Call the chance the 101th data point is a 1 'P'

How do we find the probability distribution for P?
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