Author Question: Which of the following statements is false regarding a scenario using Bayes' Law? a. Prior ... (Read 47 times)

dakota nelson · **on:** Jun 24, 2018

Which of the following statements is false regarding a scenario using Bayes' Law?
a. Prior probabilities are called likelihood probabilities.
b. Conditional probabilities are called posterior probabilities.
c. Posterior probabilities are calculated by using prior probabilities that have been modified based on new information.
d. None of these choices.

Question 2

Initial estimates of the probabilities of events are known as:
a. joint probabilities
b. posterior probabilities
c. prior probabilities
d. conditional probabilities