Probabilistic Models

Read section 10.1

  1. In Example 10.1.2 (page 423) part 3, do axioms I and II hold for the choice of probabilities? 
  2. In Example 10.1.2 (page 424) part 4, which of the two given outcomes do you think is more likely? Explain your reasoning. 
  3. Out of the three solutions presented to example 10.1.3 (page 424), which do you prefer? Why? 
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