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THE PROBABILITIES Kay's probabilities are as follows. Prior Probabilities for States of Nature (Demand). P (Dog) = .35 P (Standard) = .50 P (Killer) =

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THE PROBABILITIES Kay's probabilities are as follows. Prior Probabilities for States of Nature (Demand). P (Dog) = .35 P (Standard) = .50 P (Killer) = .15 Past track record of the magazine reviews of 300 products, given a demand level that actually occurred for software products afterwards. Demand Level __m \" \"\"\

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