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The strategy that integrates people and technology in all business functions to enhance relationships with customers,partners,and distributors is:
Posterior Probabilities
Probabilities that are updated based on new evidence or information, typically used in Bayesian statistics.
Prior Probabilities
Probabilities that reflect beliefs about the uncertainty of events before new evidence is considered.
Likelihood Probabilities
Measures of the plausibility of a hypothesis given certain data, not necessarily summed to one.
Posterior Probabilities
Probabilities that are updated as more evidence or information becomes available, commonly used in Bayesian statistics.
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