In Bayesian statistics probability distributions are based on:
A) population parameters.
B) prior beliefs of probabilities.
C) chance.
D) new data.

Name: In Bayesian statistics probability distributions are based on: A) population parameters. B) prior beliefs of probabilities. C) chance. D) new data.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

In Bayesian statistics, probability distributions are based on prior beliefs of probabilities, which are then updated with new data.

In Bayesian Statistics Probability Distributions Are Based On