____________ involve a formula for calculating the likelihood of a hypothesis being true and meaningful, taking into account relevant prior knowledge.
A) Mathematical statistics
B) Descriptive statistics
C) Inferential statistics
D) Bayesian statistics

Question

Quizplus · Accepted Answer

Bayesian statistics involve the use of Bayes' theorem to calculate the probability of a hypothesis being true, based on prior knowledge and new data. This approach allows for the incorporation of subjective beliefs and prior knowledge into the analysis, and can be particularly useful in cases where sample sizes are small or where there is a need to update prior beliefs in light of new data.

____________ Involve a Formula for Calculating the Likelihood of a Hypothesis