A stockmarket trader conducted a Bayesian analysis of variations in skirt length and stock market growth. He calculated a Bayes factor of 1. Should he use skirt length as a predictor of stock market growth?
A. Yes, a Bayes factor of 1 suggests that it is worth a small investment in the stock market based on skirt length variations.
B. No, a Bayes factor of 1 suggests that it is not worth investing in the stock market based on skirt length variations.
C. No, a Bayes factor of 1 suggests that the data is corrupted.
D. Yes, a Bayes factor of 1 suggests that it is worth heavily investing in the stock market based on skirt length variations.
Answer: B
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