I'm reviewing
Bayes' theorem and related topics for the upcoming
GDAT class. In its simplest form, Bayes' theorem is a statement about conditional probabilities. The probability of A, given that B has occurred, is expressed as:
Pr(A|B)=Pr(B|A)×Pr(A)Pr(B)
In Bayesian language,
Pr(A|B) is called the
posterior probability,
Pr(A) the
prior probability, and
Pr(B|A) the likelihood (essentially a normalization factor).
Source: Wikipedia