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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:

Given P(A)=0.3,P(B)=0.7 P(A)=0.3, P(B)=0.7 and P(A P(A and B)=0.26 B)=0.26 , find the value of P(BA) P(B \mid A) , rounding to the nearest thousandth, if necessary.\newlineAnswer:

Full solution

Q. Given P(A)=0.3,P(B)=0.7 P(A)=0.3, P(B)=0.7 and P(A P(A and B)=0.26 B)=0.26 , find the value of P(BA) P(B \mid A) , rounding to the nearest thousandth, if necessary.\newlineAnswer:
  1. Understand definition of conditional probability: Understand the definition of conditional probability.\newlineThe conditional probability of B given A, denoted as P(BA)P(B\mid A), is defined as the probability that event B occurs given that event A has already occurred. The formula for conditional probability is:\newlineP(BA)=P(A and B)P(A)P(B\mid A) = \frac{P(A \text{ and } B)}{P(A)}
  2. Plug in given values: Plug in the given values into the conditional probability formula.\newlineWe are given P(A)=0.3P(A) = 0.3, P(B)=0.7P(B) = 0.7, and P(A and B)=0.26P(A \text{ and } B) = 0.26. Using these values, we can calculate P(BA)P(B\mid A) as follows:\newlineP(BA)=P(A and B)P(A)P(B\mid A) = \frac{P(A \text{ and } B)}{P(A)}\newlineP(BA)=0.260.3P(B\mid A) = \frac{0.26}{0.3}
  3. Perform division: Perform the division to find P(BA)P(B\mid A).P(BA)=0.260.3P(B\mid A) = \frac{0.26}{0.3}P(BA)0.866666...P(B\mid A) \approx 0.866666...
  4. Round the result: Round the result to the nearest thousandth. P(BA)0.867P(B\mid A) \approx 0.867

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