Question: Suppose P(G) : .6, P(H) : .3, P(GnH) = .2. Find the following probabilities: a.P(HG} b.P(H|G) c.P(G|H] d.Are G and H statistically independent? |:| e.Are

Suppose P(G) : .6, P(H) : .3, P(GnH) = .2. Find

Suppose P(G) : .6, P(H) : .3, P(GnH) = .2. Find the following probabilities: a.P(HG} b.P(H|G) c.P(G|H] d.Are G and H statistically independent? |:| e.Are they mutually exclusive? Hint: Notice that you are not told that the events are independent or mutually exclusive. Hence, in ac you have to use the "general" formulas. Later, in de you'll of course have to check whether the events belong to one of those two classes

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2. Find out if there are other reference points that can be used as reasonable alternatives.

1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.