Calculate Posterior Fraud Probability Using Bayes' Theorem
Company: Meta
Role: Data Scientist
Category: Statistics & Math
Difficulty: easy
Interview Round: Onsite
##### Scenario
Posterior fraud probability for user accounts
##### Question
Given prior fraud rate, true-positive rate, and false-positive rate, use Bayes’ theorem to compute the probability an account is fake after a flag.
##### Hints
State the formula, plug numbers, interpret the result for decision thresholds.
Quick Answer: This question evaluates understanding of Bayes' theorem, conditional probability, and probabilistic reasoning in the context of classifier metrics (prior probability, true positive rate, false positive rate) for fraud detection.