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In a Finance Class, the Final Grade Is Based on Three

question 22

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In a finance class, the final grade is based on three tests. Historically, the instructor tells the class that the joint probability of scoring "A"'s on the first two tests is 0.5. A student assigns a probability of 0.9 that she will get an "A" on the first test. What is the probability that the student will score an "A" on the second test given that she scored an "A" on the first test?


Definitions:

Ego

In psychoanalytic theory, a part of the personality that mediates between external reality, the id, and superego, and is responsible for realistic and socially appropriate behavior.

Amoral

Lacking moral sense; unconcerned with the rightness or wrongness of something.

Ego And Id

Fundamental components in Freudian psychoanalytic theory where the id is the primal desires and drives, and the ego is the realistic part that mediates between the desires of the id and the morals of the superego.

Completely

Totally or entirely; having all parts or elements.

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