Asked by Kellie Siebert on Sep 25, 2024
If P(B)= .7 and P(B|A)= .4,then P(A and B)must be .28.
Conditional Probability
The odds of an event taking place assuming another distinct event has occurred previously.
Joint Probability
The probability of two or more events happening at the same time, assuming there is some relationship between the events.
- Master and apply the concept of probability in different situations.
- Gain insight into the conceptual framework and analytical methodology for the joint probability calculation of events.
Learning Objectives
- Master and apply the concept of probability in different situations.
- Gain insight into the conceptual framework and analytical methodology for the joint probability calculation of events.