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1. 2 3. Hint(s) Check My Work Suppose that you are given a decision situation with three possible states of nature: $1, 52, and
1. 2 3. Hint(s) Check My Work Suppose that you are given a decision situation with three possible states of nature: $1, 52, and $3. The prior probabilities are P(S1)=0.2, P(s2)-0.5, and P(53)-0.3. With sample information I, P(s1)-0.1, P(152)-0.05, and Ps3)-0.2. Compute the revised (or posterior) probabilities: P(S), P(621), and P(ssl). Round your answers to three decimal places. P(SID)- 298 P(s2)= 207 P(53) .496 Hide Feedback Incorrect Jon Key Hint(s) Check My Work
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