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In which of the following shops can only union members be hired by the company?
Prior Probabilities
Represent the probabilities of different outcomes before any evidence is considered, often used in Bayesian statistics.
Bayes' Law
A statistical theorem that describes the probability of an event, based on prior knowledge of conditions related to the event.
Posterior Probability
The probability of an event or hypothesis being true after taking into consideration new evidence or information.
Prior Probability
The probability of an event or hypothesis before new evidence is taken into account.
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