4.5 Computational examples

  • ¿What is the probability that the Sun will rise tomorrow?

This is the most famaous Ricard Price^{}s example developed in the Appendix of the Bayes^{} theorem paper (Thomas Bayes 1763). Here, we implicitly use Laplace^{}s Rule of Succession to solve this question. In perticular, if we were a priori uncertain about the probability the Sun will on a specified day rise, that is, a prior uniform distribution over (0,1), that is, a beta (1,1) distribution…