Definitions
Consider a sequence of n independent events. Associate with this sequence another sequence with values 1 or 0. Here stands for the event that the kth observation is interesting (as defined by the decision maker), and for non-interesting. Let be the probability that the kth event is interesting. Further let and . Note that represents the odds of the kth event turning out to be interesting, explaining the name of the odds-algorithm.
Read more about this topic: Odds Algorithm
Famous quotes containing the word definitions:
“What I do not like about our definitions of genius is that there is in them nothing of the day of judgment, nothing of resounding through eternity and nothing of the footsteps of the Almighty.”
—G.C. (Georg Christoph)
“Lord Byron is an exceedingly interesting person, and as such is it not to be regretted that he is a slave to the vilest and most vulgar prejudices, and as mad as the winds?
There have been many definitions of beauty in art. What is it? Beauty is what the untrained eyes consider abominable.”
—Edmond De Goncourt (1822–1896)