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The measure of probability of an event if another event has already occurred is known as

  1. Conditional probability
  2. Axiomatic probability
  3. Equally likely outcome
  4. Mutually exclusive events
  5. None of these

Answer (Detailed Solution Below)

Option 1 : Conditional probability
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Calculation:

In probability theory, the probability measure of an event is made if another event has already occurred is referred to as conditional probability.

For calculating conditional probability, the probability of the preceding event and the probability of succeeding event is multiplied.

Conditional probability is given by

Where E1 and E2 are the events.

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More Conditional Probability Questions

Q1.An ordinary dice is rolled for a certain number of times. If the probability of getting an odd number 2 times is equal to the probability of getting an even number 3 times, then the probability of getting an odd number for odd number of times is:
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More Probability Questions

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