__________________ statistics is an area of statistics that uses Bayes' Theorem to update prior belief about a probability or population parameter to a posterior belief.
A)Bayesian
B)Utility theory
C)Preposterior analysis
D)Risk theory

Question

Quizplus · Accepted Answer

Bayesian statistics uses Bayes' Theorem to update prior beliefs or probabilities about a population parameter to a posterior belief or probability. It is a widely used approach in many fields, including but not limited to, medical research, engineering, and social sciences.

__________________ Statistics Is an Area of Statistics That Uses Bayes