Bayes' Theorem Is a Method to Revise the Probability of an Event

question 13

True/False

Bayes' theorem is a method to revise the probability of an event given additional information.

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Definitions:

Facts

Objective realities or pieces of information that are proven to be true through evidence.

Circumstances

Conditions or facts affecting a situation, event, or action, which may influence its outcome or the decisions made regarding it.

Assignment

A transfer of rights, property, or responsibilities from one party to another.

Defenses

Arguments and strategies used in legal proceedings by the defendant to challenge, mitigate, or nullify the claims made by the plaintiff.