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fuat fuat
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6 years ago
In a decision problem where we wish to use Bayes' theorem to calculate posterior probabilities, we should always begin our analysis with the assumption that all states of nature are equally likely, and use the sample information to revise these
 
  probabilities to more realistic values.
  Indicate whether the statement is true or false
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PinkFlowerPinkFlower
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6 years ago
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fuat Author
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#2
6 years ago
Appreciate this a lot
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