Q. Given P(A)=0.3,P(B)=0.7 and P(A and B)=0.26, find the value of P(B∣A), rounding to the nearest thousandth, if necessary.Answer:
Understand definition of conditional probability: Understand the definition of conditional probability.The conditional probability of B given A, denoted as P(B∣A), is defined as the probability that event B occurs given that event A has already occurred. The formula for conditional probability is:P(B∣A)=P(A)P(A and B)
Plug in given values: Plug in the given values into the conditional probability formula.We are given P(A)=0.3, P(B)=0.7, and P(A and B)=0.26. Using these values, we can calculate P(B∣A) as follows:P(B∣A)=P(A)P(A and B)P(B∣A)=0.30.26
Perform division: Perform the division to find P(B∣A).P(B∣A)=0.30.26P(B∣A)≈0.866666...
Round the result: Round the result to the nearest thousandth. P(B∣A)≈0.867
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