We use the example of successful startups that were founded by female founders.*

First start with a tree from both sides of the

**prior probabilities**. P(FE), P(S) is the prior probability of event FE and S to occur.Equate both

**conditional probabilities**P(FE|S) and P(S|FE) because P(S∩FE) = P(FE∩S)P(FE|S) is the

**likelihood**, or the probability of a female start-up founder given a successful start-upUltimately, we derive P(S|FE) which is the

**posterior probability**or the probability of a startup success to occur given it was found by a female founderSolution: P(S|FE), the probability of a start-up success given that it was founded by a female founder is 0,25%.

Hint: It is best to memorize the following formula

* This is by no means an anti-feministic post

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