# Question: The probability of A is 0 70 the probability of B

The probability of A is 0.70, the probability of B is 0.80, and the probability of both is 0.50. What is the conditional probability of A, given B? Are A and B independent in a probability sense?

## Answer to relevant Questions

A company knows that a rival is about to bring out a competing product. It believes that this rival has three possible packaging plans (superior, normal, and cheap) in mind and that all are equally likely. Also, there are ...The soccer league in 1 community has 5 teams. You are required to predict, in order, the top 3 teams at the end of the season. Ignoring the possibility of ties, calculate the number of different predictions you could make. ...Given A = [E3, E5, E6, E10] and B = [E3, E4, E6, E9] a. What is the intersection of A and B? b. What is the union of A and B? c. Is the union of A and B collectively exhaustive? A stock market analyst claims expertise in picking stocks that will outperform the corresponding industry norms. This analyst is presented with a list of 5 high-technology stocks and a list of 5 airline stocks, and she is ...Consider Example 3.4, with the following four basic outcomes for the Dow Jones Industrial Average over two consecutive days: O1: The Dow Jones average rises on both days. O2: The Dow Jones average rises on the first day but ...Post your question