False Positives in Big Data Analytics
We had a lot to celebrate recently. Last year was the 300th anniversary of Jacob Bernoulli’s Ars Conjectandi. In this book he consolidated central ideas in probability theory, such as the very first version of the law of large numbers. It was also the 250th anniversary of Bayes theorem named after Thomas Bayes (1701–1761), who first suggested using the theorem to update beliefs.