--- id: 2026-01-30T16:29:00-0500 title: 2026-01-30 16:29:?? tags: - topic/math/statistics daily: "[[2026-01-30]]" --- # 2026-01-30 16:29:?? ### Laplace's Rule of Succession (LRS) > [!info] > Pierre-Simon Laplace If some event occurred $m$ times in $n$ observations, the probability the event will occur in the next observation is given by: $$ \frac{1+m}{2+n} $$ ### Rule of Five The probability that any given sample is above the median is 50%. The probability that the minimum and maximum values of $n$ samples _don't_ straddle the median is $(\frac{1}{2})^{n}$, equivalent to getting the same result on a flipped coin $n$ times in a row. There is a 93.75% chance that the median of a population is between the smallest and largest values in any random sample of five from that population.