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Probability Theory: Imperfect Observations

Chapter
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Part of the Quantitative Perspectives on Behavioral Economics and Finance book series (QPBEF)

Abstract

Our full of uncertainty world requires policy analysis to be sensitive to probability theory. This chapter discusses some basic concepts and paradoxes of probability theory and expands to a discussion of an analysis of weak DNA evidence and the error rate of the legal system.

Keywords

Binomial distributionBinomial Distribution Alternative Suspects Plea Bargaining True Perpetrator Color Paradox 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.Indiana UniversityIndianapolisUSA

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