Probability

Currently I am in an accelerated Business Statistics course through the University of Wisconsin colleges. I only have four weeks left of class and need some help understanding some things about probability: We have sample online exams that give the answer but not how the answer was achieved. I am stuck on this question below: If P(A) = 0.4, P(B| A) = 0.35, P(A U B) =0.69, then P(B) = 0.43

Hi Thanks for your post ,

Hi

 

Thanks for your post , just remember Bayes Theorem for these type of problems 

P(B/A) = P(A ^B) / P(A)

and Second result

P(A U B) = P(A)+ P(B) - P( A ^ B)

Please read ^ as AND Symbol

Just use these two relations to find anything you want.

 

I hope this helps