If P(A) = 0.4, P(B) = 0.5, and P(A ∩ B) = 0.2, then P(A|B) is: MCQ with Answer and Explanation

If P(A) = 0.4, P(B) = 0.5, and P(A ∩ B) = 0.2, then P(A|B) is:
A. 0.8
B. 0.5
C. 0.2
D. 0.4
Answer: Option D
Solution (By JKExamLibrary)
Conditional probability P(A|B) = P(A ∩ B) / P(B) = 0.2 / 0.5 = 0.4. This represents the probability of A occurring given that B has already occurred.

This question belongs to: Accountancy and Statistics Statistics

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