I don’t understand how the waterfall concept helps illustrate the “odds form”: the amount of each type of water reaching the pool is still expressed as a probability rather than jointly being expressed as the likelihood ratio. The fact that these likelihoods don’t matter—only their ratio—was the the critical conceptual blockage for me.
I don’t understand how the waterfall concept helps illustrate the “odds form”: the amount of each type of water reaching the pool is still expressed as a probability rather than jointly being expressed as the likelihood ratio. The fact that these likelihoods don’t matter—only their ratio—was the the critical conceptual blockage for me.