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Giovanni says, "I can run a mile in under 5 minutes." He is expressing:
Posterior Probability
The probability of a hypothesis or event occurring given the evidence or data observed.
Prior Probability
The probability of an event before new evidence is considered, used in Bayesian statistics as a part of updating the probability based on new information.
Posterior Probability
is the probability of the hypotheses given the observed data, calculated using Bayes' theorem.
Prior Probability
The likelihood of an event occurring before new evidence is taken into account.
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