In the Scenario of Bayes' Law,P(A|B)is a Posterior Probability,while P(B|A)is

question 66

Short Answer

In the scenario of Bayes' Law,P(A|B)is a posterior probability,while P(B|A)is a(n)____________________ probability.

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Definitions:

Households

Units of one or more persons living together who make joint decisions on consumption, work, and income generation.

Discrimination Coefficient

A measure in economics and social sciences to quantify the degree of discrimination or bias shown towards or against a particular group or individual.

Wage Differential

The difference between the wage received by one worker or group of workers and that received by another worker or group of workers.

Taxes

Mandatory financial charges or levies imposed by a government on individuals or organizations to fund public expenditures.