QUESTION IMAGE
Question
- an updated probability in bayesian thinking is also known as:
a. a risk factor
b. a simulation result
c. an expected outcome
d. a posterior probability
Brief Explanations
In Bayesian thinking, the prior probability is the initial belief, and after incorporating new evidence, the updated probability is called the posterior probability. A risk factor is related to potential harm, a simulation result is from a simulation process, and an expected outcome is a predicted result. None of these match the concept of an updated probability in Bayesian thinking like posterior probability does.
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d. A posterior probability