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Question
Which of the following is a property of likelihood ?
Options:
A .  Ratios of likelihood values measure the relative evidence of one value of the unknown parameter to another
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
C .  The Resultant likelihood is multiplication of individual likelihood
D .  All of the Mentioned
Answer: Option D


Likelihood is the hypothetical probability that an event that has already occurred would yield a specific outcome.



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