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Yasmin tries to make a $75 withdrawal from an ATM, which is well within his daily allowed limit and less than the amount in his account, but he is unable to withdraw the money because the terminal has run out of cash. The bank is liable to Yasmin for damages proximately caused by its failure to make the EFT.
Posterior Probabilities
Probabilities that are updated as more evidence or information becomes available, commonly used in Bayesian statistics.
Additional Information
This term refers to supplementary data or context provided beyond the primary content, enhancing understanding or analysis.
Posterior Probabilities
The revised probabilities of potential outcomes after taking into account new evidence or information.
Prior Probabilities
Probabilities that are known or assumed before new evidence is introduced, often used in Bayesian inference to update the probability based on new data.
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