Thomas Bayes

Thomas Bayes was an 18th-century statistician and theologian known for developing Bayes' Theorem, a fundamental concept in probability and statistics. His theorem provides a way to update our beliefs or probabilities based on new evidence. Essentially, it shows how to calculate the likelihood of an event occurring, given prior knowledge about related events. This approach allows for more informed decision-making in uncertain situations, making it applicable in fields like medicine, finance, and machine learning. Bayes’ work laid the groundwork for modern statistical inference, highlighting the importance of revising our expectations as new data emerges.