Bayesian Statistics Help Us Take into Account

question 46

Multiple Choice

Bayesian statistics help us take into account:

• A) both probabilities and future predictions.
• B) only prior beliefs.
• C) both prior beliefs and probabilities.
• D) both prior beliefs and future predictions.

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Definitions:

Common Denominator

The shared multiple of the denominators of two or more fractions, used to make their denominators the same for addition or subtraction.

Combine

To combine is to join or merge two or more elements into a single unit or group.

Simplify

The process of altering an expression into its most basic form or notation.

Combine

The act of merging elements in various contexts, especially in algebra where terms are added or multiplied.