There Is an Option of Paying $100 to Have Research

question 18

Multiple Choice

There is an option of paying $100 to have research done to better predict which state of nature will occur.When the true state of nature is S1,the research will accurately predict S1 60% of the time.When the true state of nature is S2,the research will accurately predict S2 80% of the time.
-Given that the research is done,what is the joint probability that the state of nature is S1 and the research predicts S1?

• A)0 08
• B)0 16
• C)0 24
• D)0 32
• E)0 36

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