What is a prior probability? What is a posterior probability? Briefly explain how Bayes theorem can be
Question:
What is a prior probability? What is a posterior probability? Briefly explain how Bayes’ theorem can be used to link the two.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
In the context of Bayes Theorem prior probability and posterior probability are two main components ...View the full answer
Answered By
ANDREW KIPRUTO
Academic Writing Expert
I have over 7 years of research and application experience. I am trained and licensed to provide expertise in IT information, computer sciences related topics and other units like chemistry, Business, law, biology, biochemistry, and genetics. I'm a network and IT admin with +8 years of experience in all kind of environments.
I can help you in the following areas:
Networking
- Ethernet, Wireless Airmax and 802.11, fiber networks on GPON/GEPON and WDM
- Protocols and IP Services: VLANs, LACP, ACLs, VPNs, OSPF, BGP, RADIUS, PPPoE, DNS, Proxies, SNMP
- Vendors: MikroTik, Ubiquiti, Cisco, Juniper, HP, Dell, DrayTek, SMC, Zyxel, Furukawa Electric, and many more
- Monitoring Systems: PRTG, Zabbix, Whatsup Gold, TheDude, RRDtoo
Always available for new projects! Contact me for any inquiries
4.30+
1+ Reviews
10+ Question Solved
Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
Question Posted:
Students also viewed these Business questions
-
QUIZ... Let D be a poset and let f : D D be a monotone function. (i) Give the definition of the least pre-fixed point, fix (f), of f. Show that fix (f) is a fixed point of f. [5 marks] (ii) Show that...
-
How does ERP support lean principles and continuous improvement in supply chain processes?
-
can someone solve this Modern workstations typically have memory systems that incorporate two or three levels of caching. Explain why they are designed like this. [4 marks] In order to investigate...
-
The population of a certain colony of bacteria increases by 5% each hour. After 7 hours, what is the percent increase in the population over the initial population?
-
Write an outline that builds a HR strategy, using an industry of your choice, and explain the relationship between high-performance work systems and organizational operations. 1. Analyze your...
-
(a) What is the largest region and what percentage of the total respondents does it represent? (b) Which region is the smallest, and how many individuals does it have? (c) What is the number of...
-
The long, straight current-carrying wire of Figure P27.16 lies in the plane of the page, and the magnetic field it produces at position \(\mathrm{P}\) points out of the page. (a) In what direction...
-
Your firm usually uses about 200 to 300 tons of steel per year. Last year, you purchased 100 tons more steel than needed (at a price of $200 per ton). In the meantime, the price of steel jumped to...
-
The amount of realized gain to be recognized in a tax year is equal to the gross profit multiplied by the ratio of payments received in the current year divided by the total contract price. ...
-
What is the probability of obtaining a head in one toss of a fair coin? What is the probability of rolling a 5 in one roll of a fair die? What is the probability of tossing a head and rolling a 5?
-
What is a joint probability? What is a marginal probability?
-
Which of these data are categorical and which are numerical? a. Whether a computer is made by Apple or by another company. b. The size of a computer monitor. c. The speed of a computer processor. d....
-
A researcher measures his patients' sleep times in minutes for a study in his thesis. For a group of 10 patients, the records are as follows: 90 180 280 450 550 580 600 690 720 940 Calculate the...
-
Discussion Board #2: Which "D" are you in a group task situation? 44 Chapter Three describes four types of communication styles known as the Four D's. These general communication styles can be seen...
-
11. Wayne's of Moose Jaw specializes in clothing for female executives living and working in the financial district of Moose Jaw, SK. Allen's of MB specializes in clothing for women who live and work...
-
Find h such that the matrix A below is diagonalizable. 52-6 03 - h 0 A = 0 0 5 4 00 0 1
-
Peta Driving School Pty Ltd, a base rate entity, prepared the following Income Statement for 2023/24 INCOME Gross fees $952,000 Fully Frank Dividend - note 3 $3,500 Unfranked Dividend $2,000 $957,500...
-
What is meant by imputing a rate of interest? How is such a rate determined?
-
A parking lot charges $3 for the first hour (or part of an hour) and $2 for each succeeding hour (or part), up to a daily maximum of $10. (a) Sketch a graph of the cost of parking at this lot as a...
-
A random sample of five pairs of observations was selected, one observation from a population with mean 1, the other from a population with mean 2. The data are shown in the following table and saved...
-
Two independent random samples have been selected, 100 observations from population 1 and 100 from population 2. Sample means x1 = 70 and x2 = 50 were obtained. From previous experience with these...
-
Refer to the Bulletin of Marine Science (April 2010) study of lobster trap placement, Exercise. Recall that the variable of interest was the average distance separating trapscalled trap spacing...
-
Builtrite is considering the purchase of a machine with the following cash flow diagram: year 0 spend $70,000 year 1 $30,000 year 2 $25,000 year 3 $10,000 year 4 $10,000 What is the payback period?
-
A segment margin income statement is a measure of performance in what type of responsibility center?
-
Use the method of averages to find the approximate yield rate for the bond shown in the table below. The bond is to be redeemed at par Bond Rate Payable Semi-annually Face Value Time Before Maturity...
Study smarter with the SolutionInn App