Question

What is the correct formula for Bayes' theorem? a) P(XY) = am b) P(XY) = P(xor PY) c) P(X|Y) = PRAXIS d) P(X\Y) = POUR Submit Answer format: Text unanswered not_submitted #2 From the following new information, given low demand, what is the probability of an improving economy? Improving Economy Not improving economy 0.76 Given high demand 0.5 Given Low demand Points: 5/17 Grade: 29.4% Progress: 29.4% Hide

Answer 1

Solution Bayes Theorem is a probability theorem, it is used in revising probaility on the basis on new inputs. Bayes theorem for current Question can be represented as: P(XY) P(XOY) P(Y) where, P(X|Y) P(XOY) P(Y) Probability X given Y (that is probabilty of X given Y also occur) Probability of both X and Y together (that is A intersection B) Probability Y Hence, Option b is correct being P(XIY) = P(XOY) / PLY) *Note: We are allowed to answer only one question