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  3. Study Set
    Introduction to Probability and Statistics Study Set 1
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    Exam 4: Probability and Probability Distributions
  5. Question
    Bayes' Rule Is a Formula for Revising an Initial Subjective
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Bayes' Rule Is a Formula for Revising an Initial Subjective

Question 25

Question 25

True/False

Bayes' Rule is a formula for revising an initial subjective (prior) probability value on the basis of results obtained by an empirical investigation and for, thus, obtaining a new (posterior) probability value.

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