## CHECK THESE SAMPLES OF Bayes' Theorem

...?First Fundamental **Theorem** of Welfare Economics The first fundamental **theorem** of welfare economics is simply a re ment of Adam Smith’s theory in economics. Adam Smith’s “invisible hand” theory postulates that in competitive markets, there is finally efficient allocation of resources and the first fundamental theory states that relates competitive equilibrium in the market and Pareto optimality. The **theorem** states that “If the local non-satiation condition for consumers is satisfied and [(x0i), (y0j), (Ф)] is a competitive equilibrium, then the allocation [(x0i), (y0j)] is Pareto optimal.” Before the proof is done, three conditions have to be defined, the first condition being that an allocation of resources is feasible, and the second...

4 Pages(1000 words)Essay

...THE PYTHAGOREAN **THEOREM** [Source: http www.arcytech.org/java/pythagoras/preface.html] April 30, 2008 The Pythagorean **Theorem** In mathematics, the Pythagorean **Theorem** is a relation in Euclidean geometry among the three sides of a right triangle. The **theorem** is named after the Greek mathematician Pythagoras who lived in the 6th century B.C.
The **theorem** is as follows:
"In any right angle triangle, the area of the square of the side opposite the right angle i.e. whose side is the hypotenuse is equal to the sum of the areas of the squares of the two sides that meet at a right angle i.e. whose sides are the two legs"
In other words
The square on the hypotenuse is equal to the sum of the squares on the other two sides
Geometric...

14 Pages(3500 words)Essay

...Running Head: **Theorem** of Pythagoras in Mathematics The importance of the **theorem** of Pythagoras in the Historical development of Mathematics
By
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The importance of the **theorem** of Pythagoras in the historical development of Mathematics
The **Theorem** that changed the fortune of Mathematics and Geometry, the Pythagoras **Theorem** states:
"The square described upon the hypotenuse of a right-angled triangle is equal to the sum of
the squares described upon the other two sides". (1)
The philosophy of mathematics begins with Pythagoras, who later developed Pythagoras **Theorem**. While believing that mathematics gave us the key to understand reality he proved that mathematics is known a priori that is, without appeal...

12 Pages(3000 words)Math Problem

...Pythagorean **Theorem** (Add (Add (Add
Pythagorean **Theorem**
Introduction
Evidences show that Pythagorean **Theorem** was popular even among ancient civilizations. This famous **theorem** was developed by the Greek mathematician and philosopher Pythagoras. Historical writings argue that though Babylonian mathematicians had knowledge in the **theorem**, they could not develop it into a mathematical framework. Unlike any other mathematical **theorem**, the Pythagorean **Theorem** is supported by both geometric and algebraic proofs. This paper will discuss the Pythagorean **Theorem** in detail...

3 Pages(750 words)Essay

... Five-Color **Theorem** The five color **theorem**, also referred to as the five color map **theorem**, is a mathematical theoremthat was developed from the graph theory. The **theorem** states that for a given plane divided into adjoining regions, such that it results in a form of a map of countries, no more than five colors are necessary to color the regions of the political map such that no two neighboring areas of the map are colored with the similar color. The five color **theorem** was developed as an extension to the four color **theorem** which was proved to have an error in its proof. To understand the five color theory it is necessary to go to the history behind the development of the color **theorems**. There are three of them, four-color, five-color...

2 Pages(500 words)Essay

Divorce is a lawful procedure in which an adjudicator or any other power dissolves the bonds of marriage offered between two people, hence restoring them to the position of being on there own and permitting them to wed other persons. Most states in America have their own laws when it comes to divorce. Most of them allow no-fault divorce. This is where termination of matrimony does not need an assertion or evidence of mistake of whichever party. . With introduction of no-faulty divorce, it motivated a countrywide discussion over dissociate change. Followers of no-fault divorce renowned that there were various troubles with alternative arrangement divorce

I would not advocate for a change in the current law. This is for the ratio...

1 Pages(250 words)Essay

...Coase **Theorem** Coase **Theorem** Coase **theorem** targets economic efficiency that is attributed to economic allocation and outcome when externalities are present. The theory stipulates that if trade is possible in the presence of an externality when transaction costs are significantly low, the end result will be an efficient outcome when initial allocation of property is not considered. The major obstacles to Coasian bargaining emerge when property rights have been defined poorly (Buchanan, 2005). This paper will discuss Coase **theorem** as an alternative to government regulation in terms of facilitating for the provision of goods and services.
Ronald Coase stipulated that transaction costs that are found in the real world are not sufficiently low...

2 Pages(500 words)Essay

...Theory of **Bayes** Theory of **Bayes** The paper is aimed to explore the application of **Bayes** Theory on scientific study and experimentation. The chosen article was a study on the communication to the Editor Bull which was analyzed and interpreted through the use of the **Bayes** Theory by Seung-Joon Jeon published in 2012.
Keywords: **Bayes** Theory, **Bayes** **Theorem**, **Bayes** analysis
Theory of **Bayes**
The theory of **Bayes** by Thomas **Bayes** is based on the **Bayes** approach initiated by Richard Price which is in relation to the solution of a problem in a doctrine about an event. Although there are different group that contradicted the validity of the theory on the basis that **Bayes** himself had not been sure regarding the application of the theory, the importance...

1 Pages(250 words)Essay

...Applying the Pythagorean **Theorem**
The Pythagorean **Theorem** is used to determine the areal distance of a right angled road trip. Through determining the length of each road and applying the Pythagorean formula [c= √(a2+b2)], the areal distance is determined (Kramer, 2011). Pythagorean **Theorem** is highly effective and easy to use as compared to the other mathematical tools. For measuring the length of each road, the odometer tool of car or other motor are used. For determining the distance, no other geometrical tool is required. Moreover, for resolving such kind of issues Global Positioning System (GPS) navigation is used in the modern day. This GPS navigation also requires the application of Pythagorean **Theorem** (Maor, 2007).
Pythagorean...

1 Pages(250 words)Essay

... No: The Central Limit **Theorem** The Central Limit **Theorem** The main aim of this paperis to give you brief introduction about an important topic of the Statistics, which is used in the analysis of Descriptive Statistics with the help of SPSS and also useful in conducting the statistical inference. Before solving your problems with the help of Central Limit **Theorem**, you should make sure that you have read all the necessary instructions and notes to understand this topic completely as it is not as easy as it seems to be. Since another basic purpose of this paper is to get you familiar with the Central Limit **Theorem** and tell you its importance in statistical inference. No doubt, statistics is an important subject, which helps us in all of our...

7 Pages(1750 words)Term Paper