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Guided Practice: Conditional Probability, Independence, and Bayes' Theorem in Actuarial and Health Contexts

Study Guide - Practice Questions

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  • #1 Multiple Choice
    Suppose events $A$ and $B$ are independent, with $P(A \cap B') = 0.2$ and $P(A' \cap B) = 0.3$. What is $P(A \cup B)$?
  • #2 Multiple Choice
    In a box are 11 balls numbered 1 to 11. Three balls are drawn without replacement. What is the probability that the second ball is odd given that the first ball is even?
  • #3 Multiple Choice
    A flight has $P(D) = 0.83$ for departing on time, $P(A) = 0.82$ for arriving on time, and $P(D \cap A) = 0.78$. What is the probability the plane arrives on time given it departed on time?

Study Guide - Flashcards

Boost memory and lock in key concepts with flashcards created from your notes.

  • Conditional Probability and Basic Rules
    5 Questions
  • Tree Diagrams and Conditional Probability Applications
    5 Questions
  • Independence and Mutually Exclusive Events
    5 Questions