Thursday, 31 December 2015

Cima C03 Exam Question No 34

Question No 34:

What is Simple "And" Probability?
Simple Multiplication: not mutually exclusive outcomes

P(A and B)=P(A)P(B)

e.g - rolling a die and flipping a coin - they are unrelated, so we multiply the P of rolling a given number on the die (1/6) by the P of getting a desired result on the coin (1/2) ∴1/6*1/2=1/12

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