In our previous example, the human resources manager had already calculated the probability of no women being hired based on sector wide data. In the Bayesian approach, what sort of probability is this?
A)Posterior probability
B)Positive probability
C)Prior probability
D)Inferior probability

Question

Quizplus · Accepted Answer

The probability calculated based on sector wide data is a prior probability, which is used as a starting point for Bayesian analysis.

In Our Previous Example, the Human Resources Manager Had Already