Suppose I give you a bag of 1000 bronze coins which has one gold coin in it, you don’t know that, and you want to know is the fraction of gold. You cannot look inside the bag. You put your hand in it, take out a coin, it's a bronze coin. What is your estimate of the probability of getting a gold coin? Zero.
What are the odds?
What are the odds?
What are the odds?
Suppose I give you a bag of 1000 bronze coins which has one gold coin in it, you don’t know that, and you want to know is the fraction of gold. You cannot look inside the bag. You put your hand in it, take out a coin, it's a bronze coin. What is your estimate of the probability of getting a gold coin? Zero.