New probabilities that have been found using Bayes theorem are called a. prior probabilities. b. posterior probabilities.

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New probabilities that have been found using Bayes’

theorem are called

a. prior probabilities.

b. posterior probabilities.

c. Bayesian probabilities.

d. joint probabilities.

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Quantitative Analysis For Management

ISBN: 213168

12th Edition

Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna

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Question Posted: Feb 25, 2024 01:00 AM

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New probabilities that have been found using Bayes theorem are called a. prior probabilities. b. posterior probabilities.

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The correct answer is b posterior probabilities Heres why Prior probabilities These are the initial ...View the full answer

Quantitative Analysis For Management

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