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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.
Prior Probabilities
The probabilities assigned to events or hypotheses before any relevant evidence is taken into account, in the context of Bayesian statistics.
Posterior Probabilities
The probabilities updated in light of new evidence, reflecting the likelihood of events after taking into account the known data.
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