Examlex
Please define the following key terms. Show Who? What? Where? When? Why Important?
-Thomas Malthus
Posterior Probability
The probability of an event or hypothesis after taking into consideration new evidence or information.
Prior Probabilities
The probabilities that are assigned to events or hypotheses before any relevant evidence is taken into account, used in Bayesian analysis.
Likelihood Probabilities
Measures of how probable different outcomes are, given a specific set of observed data, in statistical analysis.
Joint Probabilities
The likelihood of two or more events happening at the same time.
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