Final answer:
Bayes' Theorem is a rule in probability theory that calculates the conditional probability of an event A occurring given that another event B has already occurred. It is based on the relationship between the total probability rule and the addition rule.
Step-by-step explanation:
Bayes' Theorem is a rule in probability theory that calculates the conditional probability of an event A occurring given that another event B has already occurred. It is based on the relationship between the total probability rule and the addition rule. The total probability rule states that the probability of an event is the sum of the probabilities of that event occurring in each mutually exclusive condition. The addition rule states the probability of the union of two events is equal to the sum of their individual probabilities minus the probability of their intersection.
To determine whether a statement is true or false with regard to Bayes' Theorem, one must have a good understanding of the theorem itself. A brief explanation or justification for the chosen answer will show comprehension of the concepts involved.