The Bayes Manager app helps managers, leaders, and policymakers to estimate the probability of a claim, assumption, or hypothesis being true by applying Bayes’ Rule to the available evidence. On the face of it, Bayes’ Rule is a simple, one-line theorem:
The probability of a hypothesis being true given the evidence depends on both prior knowledge and the likelihood of the evidence.
Mathematically the rule can be written as follows:
However, this mathematical equation may be challenging and hard to remember (and to apply); therefore, we have developed the Bayes Manager app.
The Bayes Manager app is available for iPhone and Android
There is also an online (web-based) version available, which you can find here >>