Question: Show that if P is a probability function and P(B) > 0, then the conditional probability function conditional probability P: AP(AB) defines a probability

Show that if P is a probability function and P(B) > 0,

Show that if P is a probability function and P(B) > 0, then the conditional probability function conditional probability P: AP(AB) defines a probability function (that is, fulfills the three corresponding axioms).

Step by Step Solution

3.48 Rating (171 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Answer 1 I we proved conditio... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!