Examlex
Which of the following is NOT a purpose that micro-loans may be used for?
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.
Likelihood Probabilities
The probabilities that express the plausibility of different parameter values for a statistical model given the observed data.
Conditional Probabilities
The likelihood of an event occurring given that another event has already occurred, used to calculate probabilities in complex situations.
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