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Management · Q198

Business Statistics

Graduate and Post Graduate · Management · question 198

Q198

The following are the two statements relating to the theory of probability. Indicate the statements being correct or incorrect. Statement I The probability of the joint occurrence of independent events A and B is equal to the probability of event A multiplied by the probability of event B or vice-versa. Statement II The probability of the joint occurrence of independent event A and dependent event B is equal to the probability of event A multiplied by the conditionalprobability of event B when event A has occurredor vice-versa.

A.
Both statements are correct
Answer
B.
Both statements are incorrect
C.
Statement I is correct while Statement II is incorrect
D.
Statement I is incorrect while Statement II is correct

Answer: Option A

Solution

Answer: Option A
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