Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
What is Conditional Probability?
Two events A and B are said to be dependent when B can occur only when A is known to have occurred (or vice versa). The probability attached to such an event is called the conditional probability and is denoted byP(A/B) or, in other words probability of A given that B has occurred.If two events A and B are dependent, then the conditional probability of B given A is:P(B/A) = P(AB)/P(A)Proof: suppose a1 is the number of cases for the simultaneous happening of A and B out of a1 + a2 cases in which A can happen with or without happening of B.∴ P(B/A) = a1/(a1 + a2) = (a1/n)/(a1 + a2)/n = P(AB)/P(A)Similarly it can be shown thatP(A/B) = P[(AB)/P(B)]The general rule of multiplication in its modified form in terms of conditional probability becomes:P(A and B) = P(B) × P(A/B)Or, P(A and B) = P(A) × P(B/A)For three events A, B and C we haveP(ABC) = P(A) × P(B/A) × P(C/AB)i.e. the probability of occurrence of A, B and C is equal to the probability of A, times of the probability of B given that A has occurred, times the probability of C given that both A and B have occurred.Illustration: a bag contains 5 white and 3 black balls. Two balls are drawn at random one after the other without replacement. Find the probability that both balls drawn are black.Solution: probability of drawing a black ball in the first attempt isP(A) = 3/(5 + 3) = 3/8Probability of drawing the second black ball given that the first ball drawn is blackP(B/A) = 2/(5 + 2) = 2/7∴ The probability that both balls drawn are black is given byP(AB) = P(A) × P(B/A) = 3/8 × 2/7 = 3/28
Math Assignment Help
Approaches to environmental scanning: 1. Systematic approach: in this approach, formats for various issues are developed and is done systematically in a step by step fa
What is the wording of the Hawkins Best and Coneef about consumer behaviour? In words of the Hawkins Best and Coneef as, “The field of consumer behaviour is the learning of i
The management team of a four year old pharmaceutical company in Boston is developing an immunization against malaria. The team has just learned from the FDC that is has passed sta
prodact mix of lg company
Communication Differences Having identified need to communicate with several different audiences, it seems appropriate to conclude this opening module by examining differences
What is the role of following in personal selling process? Follow up: Sales executives must follow up the order produced. It will assist the company to know the customer
QUESTION a) Give three reasons why price is a very important element of the marketing mix b) Discuss the different situations that may lead a company to initiate price
Q. What do you mean by Promotion Mix? Promotion mix is a particular mixture of promotion tools used by a company to communicate with the audiences. There are 5 main tools sales
Q. What do you signify by Communication Process? Communication has been definite as a process in which exchange of ideas and information takes place among different persons. It
difference between marketing efficiency and marketing effectiveness
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd