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The Human resource department wants to determine the frequency of sick days for 8 employees' that make up their department.Below is their data
What is the relative frequency for being sick 8 days?
Posterior Probabilities
Probabilities that are updated on the basis of new evidence, incorporating the likelihood of observed data under given hypotheses.
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.
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