Question

1. an updated probability in bayesian thinking is also known as:

a. an expected outcome
b. a simulation result
c. a posterior probability
d. a risk factor

Explanation:

In Bayesian thinking, the prior probability (initial belief) is updated using new evidence to get the posterior probability. An expected outcome is a weighted average in probability, a simulation result is from a simulation process, and a risk factor is something that increases risk - none of these are related to updated probability in Bayesian context.

Answer:

C. A posterior probability