Bayes' theorem is a formula for calculating the probability of an event. Learn how to calculate Bayes' theorem and see examples.

The empirical probability formula creates a ratio of the number, times the desired event occurred, to the total number of times one tried to reach it. An example would be I rolled the dice three ...

For example, the conditional probability of surviving to 4 years given survival to 1 year was calculated by dividing the 4-year survival rate by the 1-year survival rate.