The use of probabilities based on prior beliefs is:
A) hypothesis testing.
B) parametric statistics.
C) Bayesian statistics.
D) significance testing.

Question

Quizplus · Accepted Answer

The use of probabilities based on prior beliefs is a characteristic feature of Bayesian statistics. Bayesian statistics allows one to update their prior beliefs with new information or data, resulting in a posterior distribution that reflects both the prior beliefs and the evidence in the data. Hypothesis testing, parametric statistics, and significance testing do not place as much emphasis on prior beliefs or updating them with new data.

The Use of Probabilities Based on Prior Beliefs Is