Probability of Events in Equations
Probability of Events in Equations
(OP)
Hello,
This may be an easy question, but I would like to know how to incorporate the probability of an event in a linear (or non linear) equation.
For example, say I have the following linear equation: Y = (100X * W) + 20T + 10M - 50.
I collect data from an experiment, and find values X, W, T and M - no problem, I can now find Y. However, I found that W only has a 25% chance of occurring for any given experiment.
Can I (or how do I) incorporate this probability into my equation to produce a more accurate model?
Thanks!
This may be an easy question, but I would like to know how to incorporate the probability of an event in a linear (or non linear) equation.
For example, say I have the following linear equation: Y = (100X * W) + 20T + 10M - 50.
I collect data from an experiment, and find values X, W, T and M - no problem, I can now find Y. However, I found that W only has a 25% chance of occurring for any given experiment.
Can I (or how do I) incorporate this probability into my equation to produce a more accurate model?
Thanks!
RE: Probability of Events in Equations
TTFN (ta ta for now)
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RE: Probability of Events in Equations
RE: Probability of Events in Equations
Is that what you were thinking of?
Cheers
Greg Locock
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