The time reversal test is satisfied if P₀₁ × P₁₀ = 1. This ensures: MCQ with Answer and Explanation
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Question #1
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Bayes' theorem is used to find:
Correct Answer: Option A
Explanation:
Bayes' theorem updates prior probabilities with new evidence to give posterior probabilities.
Bayes' theorem updates prior probabilities with new evidence to give posterior probabilities.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Which of the following statements about attributes is false?
Correct Answer: Option B
Explanation:
Consistency requires non-negative (≥0), not strictly positive. Some can be zero.
Consistency requires non-negative (≥0), not strictly positive. Some can be zero.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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If P(A)=0.2 and P(B)=0.3, the minimum possible value of P(A∪B) is:
Correct Answer: Option D
Explanation:
Minimum occurs when one event is subset of the other; if B⊂A, then P(A∪B)=P(A)=0.2. But A cannot be larger than B? Actually min union is max(P(A),P(B)) = 0.3.
Minimum occurs when one event is subset of the other; if B⊂A, then P(A∪B)=P(A)=0.2. But A cannot be larger than B? Actually min union is max(P(A),P(B)) = 0.3.
This question belongs to:
Accountancy and Statistics
Statistics
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