Bayes Rule describes the probability of an event, based on prior knowledge of conditions that might be related to the event e.g. if cancer is related to age, then, using Bayes Rule, a person’s age can be used to more accurately assess the probability that they have cancer.
Intro to Statistics
These thoughts were extracted from Udacity online course and cover topics such as: Visualizing relationships in data, Probability, Estimation, Outliers and Normal Distribution, Inference and Regression.