Rule of Succession - Statement of The Rule of Succession

Statement of The Rule of Succession

If we repeat an experiment that we know can result in a success or failure, n times independently, and get s successes, then what is the probability that the next repetition will again be a success?

More abstractly: If X1, ..., Xn+1 are conditionally independent random variables that each can assume the value 0 or 1, then, if we know nothing more about them,

Read more about this topic:  Rule Of Succession

Famous quotes containing the words statement of the, statement of, statement, rule and/or succession:

    Eroticism has its own moral justification because it says that pleasure is enough for me; it is a statement of the individual’s sovereignty.
    Mario Vargas Llosa (b. 1936)

    Most personal correspondence of today consists of letters the first half of which are given over to an indexed statement of why the writer hasn’t written before, followed by one paragraph of small talk, with the remainder devoted to reasons why it is imperative that the letter be brought to a close.
    Robert Benchley (1889–1945)

    The new statement will comprise the skepticisms, as well as the faiths of society, and out of unbeliefs a creed shall be formed. For, skepticisms are not gratuitous or lawless, but are limitations of the affirmative statement, and the new philosophy must take them in, and make affirmations outside of them, just as much as must include the oldest beliefs.
    Ralph Waldo Emerson (1803–1882)

    The rule is, jam tomorrow and jam yesterday—but never jam today.
    Lewis Carroll [Charles Lutwidge Dodgson] (1832–1898)

    There is the illusion of time, which is very deep; who has disposed of it? Mor come to the conviction that what seems the succession of thought is only the distribution of wholes into causal series.
    Ralph Waldo Emerson (1803–1882)