Conversely, if you know that it did not rain in the afternoon, you could calculate the likelihood that it was sunny in the morning. Investors use conditional probability to make financial ...

Conditional probability occurs when it is given that something has happened. (Hint: look for the word “given” in the question. The probability that a tennis player wins the first set of a ...

Conditional probability occurs when it is given that something has happened. (Hint: look for the word “given” in the question. The probability that a tennis player wins the first set of a ...