Which of the following statement/s is/are correct in context of Baye's Theorem?

A. Under Baye's Theorem, we make use of words such as hypotheses, priori probability and posteriori Probability

B. Baye's Theorem is considered for the case of conditional probability where it is the probability of an event happening, given that it has some relationship to one or more other events

C. Baye's Theorem provides a way to revise existing predictions or update probabilities provided there is given new evidence

D. All of the above

Answer: Option D