You are given a decision situation with three possible states of nature S₁, S₂, and S₃. The prior probabilities of the three states are 0.20, 0.45, and 0.35. With sample information I, you are provided with the following information.
a.Compute P(I).
b.Compute the revised probabilities of P(S₁|I), P(S₂|I), and P(S₃|I).

Question

You are given a decision situation with three possible states of nature S₁, S₂, and S₃. The prior probabilities of the three states are 0.20, 0.45, and 0.35. With sample information I, you are provided with the following information.

You are given a decision situation with three possible states of nature S<sub>1</sub>, S<sub>2</sub>, and S<sub>3</sub>. The prior probabilities of the three states are 0.20, 0.45, and 0.35. With sample information I, you are provided with the following information. a.Compute P(I). b.Compute the revised probabilities of P(S<sub>1</sub>|I), P(S<sub>2</sub>|I), and P(S<sub>3</sub>|I).

a.Compute P(I).
b.Compute the revised probabilities of P(S₁|I), P(S₂|I), and P(S₃|I).

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The Answer of You are given a decision situation with three possible states of nature S₁, S₂, and S₃. The prior probabilities of the three states are 0.20, 0.45, and 0.35. With sample information I, you are provided with the following information. a.Compute P(I). b.Compute the revised probabilities of P(S₁|I), P(S₂|I), and P(S₃|I).

You Are Given a Decision Situation with Three Possible States