Answer:
True
Step-by-step explanation:
Bayes' theorem is indeed a way of transforming prior probabilities into posterior probabilities. It is based on the principle of conditional probability. Conditional probability is the possibility that an event will occur because it is dependent on another event.
The prior probability in this theorem is the present understanding we possess about the possible outcome of an event based on the current understanding we have about the subject. Posterior probability on the other hand is the new understanding we have of the subject matter based on an experiment that has just been performed on it. Bayes' Theorem finds widespread application which includes the fields of science and finance. In the finance world, for example, Bayes' theorem is used to determine the probability of a debt being repaid by a debtor.
250/100 = 2.5
2.5*7 = 1.75
$1.75
Hope this helped!
Answer:
7.20 dollars
Step-by-step explanation:
1 1/4 can be expressed as 5/4 ((1*4+1) /4)
If price of 5/4 pound of turkey = $9
Price of 1 pound of turkey = $9 / (5/4)
( Same way you'd divide the price of 2 pounds by 2 to get the price of 1 pound)
$9 / (5/4) = $7.2
Answer:
x + y ≤
3x + 5y ≥ 1100
Step-by-step explanation:
Given:
Seating capacity of theater = 250
Cost of each child ticket = $3
Cost of each adult ticket = $5
Cost per performance = $1100 at least
Find:
System of inequalities
Computation:
Let;
x = Number of children's tickets
y = Number of adult tickets
So
x + y ≤
3x + 5y ≥ 1100
Answer:
good luck
Step-by-step explanation:
the mean is all of them added up then divided by how many numbers there are the median is where you put them in order putting the numbers in order then finding the middlel mode is the most of the same numbers and range is the biggest number