Probability of a second event occurring given that a first event has already happened. Requires that one of these events is a Dependent Event
This may lead to the Sample Space for the second event to be smaller or bigger than the sample space of the first event. OR Event probability that are affected by other events is denoted with the Probability: P(A|B). In section: Given Probability
You require:
- P(A)
- P(B|A)
Example
1% of people in lost articles realized theyve been punked. 5% of all people are in lost articles. What are chances that a person at lost articles will realize they’ve been punked? P(A) = 5% P(B|A) = 1% P(A|B) = 0.2