If someone could clarify my misunderstanding in probability question below, that would be much appreciated.
Q) The joint probability of events A & B is 32% with the P(A) = 60% and P(B) = 50%. Based on this info, the conditional probability of event A given B has occured is
A) 64%
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My questions:
I set the problem as P(A | B) , which equals P (A*B) / P (B). I memorized that formula but what’s the logical idea behind this?
The question states that the joint prob of A &B is 32%. But doesn’t this mean P(A * B) which is P (A) * P (B), which can be recalculated by .6 * .5 = 30%? why is there a 2% difference?