Final answer:
The statement is true. It is possible to approach the hypothesis testing problem from a non-Bayesian point of view by employing the likelihood ratio test.
Step-by-step explanation:
The statement 'It is also possible to approach the hypothesis testing problem from a non-Bayesian point of view. Suppose we don't know the prior probabilities P(H₀) and P(H₁). In this case, it can still be useful to employ the likelihood ratio test.' is True.