« previous next »

Author Question: __________ refer to the probabilities of the states of nature after revising the prior probabilities ... (Read 112 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
on: Jun 24, 2018
__________ refer to the probabilities of the states of nature after revising the prior probabilities based on sample information.
 a. Preliminary probabilities
  b. Perfect probabilities
  c. Joint probabilities
  d. Posterior probabilities

Question 2

New information obtained through research or experimentation that enables an updating or revision of the state-of-nature probabilities is known as
 a. joint probability.
  b. sample information.
  c. conditional probability.
  d. expected utility.


Harbringer

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 24, 2018
Answer to Question 1

d
RATIONALE: Posterior probabilities refer to the probabilities of the states of nature after revising the prior probabilities based on sample information.

Answer to Question 2

b
RATIONALE: New information obtained through research or experimentation that enables an updating or revision of the state-of-nature probabilities is known as sample information.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

The dipolar nature of the H2O molecule The dipolar nature of the H2O molecule
The world attempted to deal with Somalia as if it were a real country but painfully learned that Som The world attempted to deal with Somalia as if it were a real country but painfully learned that Som
High rates of rural poverty have been a part of the United States from its origin to the present. ... High rates of rural poverty have been a part of the United States from its origin to the present. ...
Cohabitation in the United States Cohabitation in the United States
Population Projections of the United States Population Projections of the United States
The Type of Blood Vessel Injury Often Affects the Nature of the Hemorrhage The Type of Blood Vessel Injury Often Affects the Nature of the Hemorrhage
Video: Aneurysm

For a complete list of videos, visit our video library