Question 11 1 pts You have just joined the sales modelling team for a start up s

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Question 11 1 pts You have just joined the sales modelling team for a start up software company. Your boss has decided that from now on the team will adopt a Bayesian approach. However, not all staff understand what this is; your boss asks you to present a training session. How would you explain a Bayesian approach in your session introduction? O An approach that allows you to update the likelihood of your statistical model as more data is collected. O An approach that allows you to focus on testing the null hypothesis based on data collection. O An approach where you do not modify the likelihood of your statistical model as more data is collected. O An approach where you reject your statistical model once data is collected. D Question 12 1 pts A human resources manager in the IT sector was concerned about unconscious bias in recruitment panels. There were two posts and seven candidates, four men and three women. Theoretically, all the candidates have an equal probability of being hired as they all match the selection criteria. However, the manager has data that suggests that it is more likely men will be hired based on data from across the IT sector and within her own company. However, the manager has implemented many equality initiatives within her company and therefore wants to determine the probabilty that sill no women will be hired. What formula could she use to determine this probablity and assess the impact of unconscious bias in her company's recruitment? O Bayes' theorem. O NHST O Pearson's r O Pearson's r

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Question 11

An approach where you update the likelihood of your statistical model as more data is collected.

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