Betatodennäköisyysjakauma
Betatodennäköisyys, often referred to as Bayesian probability or subjective probability, is an interpretation of probability that treats it as a degree of belief. Unlike frequentist probability, which defines probability as the long-run frequency of an event, betatodennäköisyys is a measure of how likely an event is to occur given the available evidence and prior knowledge. This approach is central to Bayesian statistics and decision theory.
The term "betatodennäköisyys" is a Finnish term that directly translates to "beta probability." The use of "beta"
In practice, betatodennäköisyys is updated as new data becomes available. This process, known as Bayesian updating,