Discussion :: Data Science Basics and Toolbox MCQs
- Which of the following is a property of likelihood ?
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A.
Ratios of likelihood values measure the relative evidence of one value of the unknown parameter to another
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B.
Given a statistical model and observed data, all of the relevant information contained in the data regarding the unknown parameter is contained in the likelihood
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C.
The Resultant likelihood is multiplication of individual likelihood
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D.
All of the Mentioned
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Answer : Option D
Explanation :
Likelihood is the hypothetical probability that an event that has already occurred would yield a specific outcome.
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