Set up probability revision tables to a. Find the probability that the economist says up and rind

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Set up probability revision tables to

a. Find the probability that the "economist says up" and rind the posterior probabilities of market up. market flat, and market down given that the "economist says up."

b. Find the probability that the "economist says flat." and tind the posterior probabilities of market up, market flat, and market down given that the "economist says Hat."

c. Find the probability that the "economist says down," and find the posterior probabilities of market up, market flat, and market down given that the "economist says down."

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Business Statistics In Practice

ISBN: 9780073401836

6th Edition

Authors: Bruce Bowerman, Richard O'Connell

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