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Give the logical function for the following: If cell B7 equals 12, check contents of cell B10. If cell B10 is 10, then the value of the function in the string is YES; if not, it is a blank space. If cell B7 does not equal 12, then the value of the function is 7.
Prior Probabilities
The probabilities assigned to outcomes based on prior knowledge before any new evidence is considered.
Posterior Probabilities
Calculated probabilities updated to reflect new, relevant information, usually in the context of Bayesian inference.
Prior Probabilities
Prior probabilities are the probabilities of events before any new evidence is considered, often serving as the initial belief in Bayesian statistics.
Conditional Probabilities
The probability of an event occurring given that another event has already occurred, reflecting the dependence between events.
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