Given P(A1) = 0.80, P(B1|A1) = 0.60, and P(B1|A2) = 0.20, what is the probability of P(A1|B1)?
Answer to relevant QuestionsThe sample space contains 5 As and 7 Bs. What is the probability that a randomly selected set of 2 will include 1 A and 1 B? A stock market analyst examined the prospects of the shares of a large number of corporations. When the performance of these stocks was investigated one year later, it turned out that 25% performed much better than the ...Explain carefully the meaning of conditional probability. Why is this concept important in discussing the chance of an event's occurrence? Staff, Inc., a management consulting company, is surveying the personnel of Acme Ltd. It determined that 35% of the analysts have an MBA and that 40% of all analysts are over age 35. Further, of those who have an MBA, 30% ...Faschip, Ltd., is a new African manufacturer of notebook computers. Their quality target is that 99.999% of the computers they produce will perform exactly as promised in the descriptive literature. In order to monitor their ...
Post your question