Bayes' Rule Allows to Calculate the Probability That a Particular

question 29

True/False

Bayes' Rule allows to calculate the probability that a particular event was the reason that caused a specific test result after that test result is obtained.

---

Definitions:

Federal Trade Commission

A federal agency established to protect consumers and ensure a strong competitive market by enforcing antitrust and consumer protection laws.

Salespeople

Individuals engaged in selling goods, services, or both to consumers or businesses, often directly interacting with potential buyers to facilitate transactions.

Credit Bureau

An agency that collects and maintains individual credit information, providing credit reports to creditors to aid in the decision-making process.

Cease-And-Desist

A legally enforceable order issued by a court or government agency directing a person or entity to stop an alleged illegal activity.