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Byju's Answer
Standard XII
Economics
High-Powered Money and Money Creation
If PA=0.4, PB...
Question
If P (A) = 0.4, P (B) = 0.8, P (B/A) = 0.6. Find P (A/B) and P (A ∪ B).
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Solution
Given
:
P
A
=
0
.
4
P
B
=
0
.
8
P
B
/
A
=
0
.
6
Now
,
P
B
/
A
=
P
A
∩
B
P
A
⇒
0
.
6
=
P
A
∩
B
0
.
4
⇒
P
A
∩
B
=
0
.
24
P
A
/
B
=
P
A
∩
B
P
B
=
0
.
24
0
.
8
=
0
.
3
P
A
∪
B
=
P
A
+
P
B
-
P
A
∩
B
⇒
P
A
∪
B
=
0
.
4
+
0
.
8
-
0
.
24
=
0
.
96
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,
P
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B
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P
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B
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=
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find
P
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Q.
If P(A) = 0.8, P(B) = 0.5 and P(B|A) = 0.4, find
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