_______ is based on the idea that prior knowledge could influence the estimates of the probability of a current event.

Question

Quizplus · Accepted Answer

The Bayesian approach is based on the concept that prior knowledge (or prior probabilities) can influence the estimation of the probability of a current event. This approach uses Bayes' theorem to update the probability of a hypothesis as more evidence or information becomes available.

_______ Is Based on the Idea That Prior Knowledge Could