Question: P 2 X Complete the probability tables below using the following prior and conditional probabilities. High and Low represent states of nature while Favourable

P 2 X Complete the probability tables below using the following prior

P 2 X Complete the probability tables below using the following prior and conditional probabilities. High and Low represent states of nature while Favourable and Unfavourable are the possible reports of sample information. Round final answers to 3 decimal places where necessary. Do not round intermediate results. P(high): = 0.58 P(favourable high) = 0.55 P(unfavourable low) = 0.4 Favourable State Prior Conditional Joint Posterior High Low Total

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