You are given a decision situation with three possible states of nature S₁,S₂,and S₃.The prior probabilities of the three states are 0.20,0.45,and 0.35.With sample information I,you are provided with the following information.

a.Compute P(I).
b.Compute the revised probabilities of P(S₁|I),P(S₂|I),and P(S₃|I).

Question

You are given a decision situation with three possible states of nature S₁,S₂,and S₃.The prior probabilities of the three states are 0.20,0.45,and 0.35.With sample information I,you are provided with the following information.

You are given a decision situation with three possible states of nature S<sub>1</sub>,S<sub>2</sub>,and S<sub>3</sub>.The prior probabilities of the three states are 0.20,0.45,and 0.35.With sample information I,you are provided with the following information. a.Compute P(I). b.Compute the revised probabilities of P(S<sub>1</sub>|I),P(S<sub>2</sub>|I),and P(S<sub>3</sub>|I).

a.Compute P(I).
b.Compute the revised probabilities of P(S₁|I),P(S₂|I),and P(S₃|I).

Quizplus · Accepted Answer

The Answer of You are given a decision situation with three possible states of nature S₁,S₂,and S₃.The prior probabilities of the three states are 0.20,0.45,and 0.35.With sample information I,you are provided with the following information. a.Compute P(I). b.Compute the revised probabilities of P(S₁|I),P(S₂|I),and P(S₃|I).

You Are Given a Decision Situation with Three Possible States