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prior probabilities

   Also found in: Dictionary/thesaurus, Medical, Wikipedia 0.01 sec.
prior probabilities [′prī·ər ‚präb·ə′bil·əd·ēz]
(statistics)
Probabilities of the outcomes of an experiment before the experiment has been performed.


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In many situations, the loss functions and the prior probabilities can be considered equal.
To reduce computational complexity, old time slices are commonly removed and their information summarized into prior probabilities of following slices.
At the time of bidding decision, prior probabilities in top level nodes are set according to the current state of the game and the probabilities of loss and win are computed by Equation 1.
 
 
 
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