# Bayes Theorem Template by blc15726

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• pg 1
```									                                     Template: Bayes Theorem
Payoff Table                                                       Initial Expectations Table
Possible States (Consequences)                                       Possible States (Consequences)
Decision                                                            Decision         0            0           0
0
0           0%           0%          0%

Expected Value Table
Possible States (Consequences)
Decision      0            0          0              Total
0 \$     -     \$      -    \$      -         \$     -                           Suggested Choice:            0
0 \$     -     \$      -    \$      -         \$     -

Signals Table
Probability of Signal Given the State
Signals       0             0            0          Total
Neg FS                                                        0%
Pos FS                                                        0%
Revised Expected Value Table

Decision                                        Neg FS                 Steady FS                Pos FS
0   Possible     Potential      New         New          New        New         New         New
States        Payoff    Probability    Value     Probability   Value    Probability    Value
0 \$     -      #DIV/0!      #DIV/0!     #DIV/0!     #DIV/0!    #DIV/0!      #DIV/0!
0 \$     -      #DIV/0!      #DIV/0!     #DIV/0!     #DIV/0!    #DIV/0!      #DIV/0!
0 \$     -      #DIV/0!      #DIV/0!     #DIV/0!     #DIV/0!    #DIV/0!      #DIV/0!
Total   #DIV/0!         Total #DIV/0!          Total    #DIV/0!

Decision                                         Neg FS                Steady FS                 Pos FS
0   Possible     Potential      New          New         New        New         New          New
States        Payoff    Probability     Value    Probability   Value    Probability     Value
0 \$     -      #DIV/0!       #DIV/0!    #DIV/0!     #DIV/0!    #DIV/0!      #DIV/0!
0 \$     -      #DIV/0!       #DIV/0!    #DIV/0!     #DIV/0!    #DIV/0!      #DIV/0!
0 \$     -      #DIV/0!       #DIV/0!    #DIV/0!     #DIV/0!    #DIV/0!      #DIV/0!
Total #DIV/0!           Total #DIV/0!          Total #DIV/0!

Suggested Choice:                   #DIV/0!                 #DIV/0!                 #DIV/0!

Value of the Financial Statements:
New Max Return: #DIV/0!
Original Max Return: \$    -
Max Value of FSs: #DIV/0!
Revised Probabilities Table
Signals
Neg FS                    Steady FS                            Pos FS
Possible      P(x) Prior          Signal                                   Probability                 Probability                        Probability
States     Expectations Neg FS Steady FS      Pos FS         P(x)       of Signal|State     P(x)    of Signal|State         P(x)       of Signal|State

0            0%       0%          0%       0%              0%                0%           0%                0%            0%                0%
Product               0.00%    Product               0.00%     Product               0.00%
New Probability of               0        #DIV/0!               0        #DIV/0!                0        #DIV/0!

Signals
0                               0                              0
Possible      P(x) Prior          Signal                                   Probability                     Probability                    Probability
States     Expectations Neg FS Steady FS      Pos FS         P(x)       of Signal|State     P(x)        of Signal|State     P(x)       of Signal|State

0            0%       0%          0%       0%           0%                   0%           0%                0%            0%                0%
Product                  0.00%    Product               0.00%     Product               0.00%
New Probability of         0           #DIV/0!               0        #DIV/0!                0        #DIV/0!

Signals
0                         Decision                             0
Possible      P(x) Prior          Signal                                   Probability                   Probability                      Probability
States     Expectations Neg FS Steady FS      Pos FS         P(x)       of Signal|State     P(x)      of Signal|State       P(x)       of Signal|State

0            0%       0%          0%       0%           0%                   0%           0%                0%            0%                0%
Product                  0.00%    Product               0.00%     Product               0.00%
New Probability of         0           #DIV/0!               0        #DIV/0!                0        #DIV/0!

Sum of the Probability of Each Signal * The
Probability of Each State                           0.00%                          0.00%                           0.00%

```
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