Question 8 5 pts Which of the following statements is correct? The Bayes' theorem provides a means to update prior probability values by calculating revised or posterior probabilities. The Bayes' theorem is applicable when the events for which we want to compute posterior probabilities are mutually exclusive and their union is the entire sample space. The Bayes' theorem is applicable when the events for which we want to compute posterior probabilities are collectively exhaustive. O All of the above. 5 pts Question 9 A joint survey by Parade magazine and Yahoo! found that 59% of American workers say that if they could do it all over again, they would choose a different career (USA Today, September 24, 2012). The survey also found that 33% of American workers say they plan to retire early and 67% say they plan to wait and retire at age 65 or older. Assume that the following joint probabilities, in Table below, apply. The probability of a worker planning to retire early given that he would select the same career is equal to a. 0.41 MacBook Pro