The cooler: your local corner supermarket tends to be a bit negligent about checking their stock, and
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The cooler: your local corner supermarket tends to be a bit negligent about checking their stock, and you know from experience that one in five milk cartons is past its sell-by date. Earlier today, you bought a carton of milk, and forgot to check the date.
(a) What is the frequentist probability that your milk is past its sell-by date?
(b) What is the objective Bayesian probability that your milk is past its sell-by date?
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Related Book For
The Bayesian Way Introductory Statistics For Economists And Engineers
ISBN: 9781119246879
1st Edition
Authors: Svein Olav Nyberg
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