In Bayes' theorem, the term 'likelihood' refers to: MCQ with Answer and Explanation

In Bayes' theorem, the term 'likelihood' refers to:
A. P(B)
B. P(A|B)
C. P(A)
D. P(B|A)
Answer: Option D
Solution (By JKExamLibrary)
Likelihood is the probability of the evidence given the hypothesis.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
Which of the following describes the Natural Increase of a population?
A. (Births - Deaths) + (Immigration - Emigration)
B. Immigration - Emigration
C. Births + In-migration
D. Births - Deaths

Correct Answer: Option D


Explanation:
Natural increase is driven purely by vital events (Births minus Deaths), ignoring migration.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
If there were 5000 live births in a year and the number of women aged 15-49 was 25,000, the GFR per 1000 women is:
A. 200
B. 500
C. 5
D. 20

Correct Answer: Option A


Explanation:
GFR = (5000 / 25000) × 1000 = 0.2 × 1000 = 200 per 1000 women.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
If in a moderately skewed distribution mean = 30 and median = 28, the empirical mode is approximately:
A. 32
B. 26
C. 24
D. 22

Correct Answer: Option C


Explanation:
Using the empirical relation: Mode ≈ 3Median - 2Mean = 3×28 - 2×30 = 84 - 60 = 24.

This question belongs to: Accountancy and Statistics Statistics