Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
assignment009 assignment009
wrote...
Posts: 1008
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.

True or False?
Textbook 
Quantitative Analysis for Management

Quantitative Analysis for Management


Edition: 12th
Authors:
Read 77 times
2 Replies
Replies
Answer verified by a subject expert
VitatVitat
wrote...
Posts: 495
Rep: 3 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

assignment009 Author
wrote...
5 years ago
hi again

thank you

PS: for anyone planning to take this course, it's HARD
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  991 People Browsing
Related Images
  
 110
  
 295
  
 309
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 249