What is the value of the bayes factor
Question: The probability of the data under the model of the alternative hypothesis (model 1) is 0.008 and that of the model of the null hypothesis (model 0) is 0.400. What is the value of the Bayes Factor (BF01)?
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The probability of data under the model of the alternative hypothesis is 0.008 and that of model of the null hypothesis is 0.400. Find value of the Bayes Factor
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