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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.
Joint Probabilities
The probability that multiple events will occur simultaneously.
Posterior Probabilities
Probabilities that are updated on the basis of new evidence, incorporating the likelihood of observed data under given hypotheses.
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