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QUESTION
Prob. & Statistics 6
ANSWER 2 QUESTIONS AND 1 EXERCISE, INCLUDE ALL CALCULATIONS TYPED. TEXT BOOK BUSINESS STATISTICS IN PRACTICE EDIT. 7
· 1. What is a prior probability? 2. Explain the purpose behind using BayesTheorem.
PLEASE ELABORATE THE ANSWERS, AT LEAST 2 PARAGRAPHS PER ANSWER.
Answer Exercise: 19.36
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