Set up probability revision tables to a. Find the probability that the economist says up and rind
Question:
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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Related Book For
Business Statistics In Practice
ISBN: 9780073401836
6th Edition
Authors: Bruce Bowerman, Richard O'Connell
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