We also don't know exact probabilities for delayed neutron emission or the amount of energy released — properties that are very important for understanding the details of energy production in nuclear reactors. (scientificamerican.com)
By contrast, both an objective Bayesian method using Jeffreys» prior and the SRLR method will provide exact probability matching whatever distribution of sample ages the process that actually generated the sample produces. (climateaudit.org)
If the bets are priced with the true exact probabilities, bettors will only be able to win 50 % of their point - spread bets (and appropriate moneyline winning percentage)-- and the sportsbooks will collect the 4.5 % profit margin in the long run due to the cushion of the vig. (sportsinsights.com)