Utilization of Bayes' theorem requires the use of all but
A)prior probabilities.
B)conditional probabilities.
C)posterior probabilities.
D)expected monetary values (EMV).

Question

Quizplus · Accepted Answer

Utilization of Bayes' theorem requires the use of prior probability, conditional probability, and posterior probability. However, the use of expected monetary values (EMV) is not necessary for Bayes' theorem.

Utilization of Bayes' Theorem Requires the Use of All but