Bayesian statistics help us take into account:
A) both probabilities and future predictions.
B) only prior beliefs.
C) both prior beliefs and probabilities.
D) both prior beliefs and future predictions.

Question

Quizplus · Accepted Answer

Bayesian statistics takes into account both our prior beliefs and probabilities to update our beliefs based on new data or evidence. It allows us to incorporate prior knowledge or uncertainty into statistical models, and to make probabilistic predictions about future events or outcomes based on the available evidence.

Bayesian Statistics Help Us Take into Account