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What is Bayes Theorem, Random Variables?

In probability or statistics one comes across this theorem. It describes the probability of an event based on the prior knowledge or conditions that might have been related to the event. It is based on direct application and therefore requires a certain level of understanding.

Random variables are a more complex understanding when it comes to this theorem. The basics need to be first understood to apply the knowledge of random variables to your work. Several formulas exist that help understand the theorem better.

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