Q. Given P(A)=0.66,P(B)=0.3 and P(A and B)=0.248, find the value of P(A∣B), rounding to the nearest thousandth, if necessary.Answer:
Use Formula: To find the conditional probabilityP(A∣B), we use the formula P(A∣B)=P(B)P(A and B). This formula represents the probability of event A occurring given that event B has occurred.
Substitute Values: Substitute the given values into the formula: P(A∣B)=0.30.248.
Perform Division: Perform the division to find P(A∣B): P(A∣B)=0.30.248≈0.826666....
Round Result: Round the result to the nearest thousandth: P(A∣B)≈0.827.
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