__________ refer to the probabilities of the states of nature after revising the prior probabilities based on sample information.
A)Preliminary probabilities
B)Perfect probabilities
C)Joint probabilities
D)Posterior probabilities

Question

Quizplus · Accepted Answer

Posterior probabilities refer to the updated probabilities of the states of nature after taking into consideration the sample information, and are calculated using Bayes' theorem.

__________ Refer to the Probabilities of the States of Nature