ELI5: Explain Like I'm 5

Likelihood ratio

Okay kiddo, let me explain what a likelihood ratio means in a really simple way.

Imagine you and your friend are playing a game of hide-and-seek. Your friend is hiding somewhere in your house and you have to find him. You start looking in different rooms and you come across a clue, maybe you see his bag or hear him giggling in a nearby closet. This clue tells you how likely it is that your friend is hiding in that area of the house.

Likelihood ratio is kind of like that clue you find in the game. It tells you how much more likely it is that something is true versus something else. For example, imagine you are trying to solve a mystery and there are two suspects, A and B. A piece of evidence is found that connects A to the crime scene, but it is also possible that the evidence is not directly related to the crime. The likelihood ratio is a measure that tells us the strength of the evidence. It let's us calculate how much more likely it is that the evidence is connected to the crime than it is just a coincidence.

In summary, a likelihood ratio is an important concept used in statistical and scientific analysis that tells you how much more likely it is for some evidence to support one hypothesis over another.