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Bayes' theorem a.can be used only for cases where conditional probabilities are unknown. b.cannot be used to calculate posterior probabilities. c.enables the use of sample

Bayes' theorem

a.can be used only for cases where conditional probabilities are unknown.

b.cannot be used to calculate posterior probabilities.

c.enables the use of sample information to revise prior probabilities.

d.is useful for determining optimal decisions without requiring knowledge of probabilities of the states of nature.

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