Let P(B|A) = P(B)

question 52

Multiple Choice

Let P(B|A) = P(B) . Suppose A and B are independent. What is the value of P(B|A) ?

• A) 0.12
• B) 0.3
• C) 0.4
• D) 0.7

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Definitions:

Year 2

Refers to the second year of a specific period, often used in the context of financial and performance analysis over time.

Absorption Costing

A method in accounting that adds all the manufacturing-related expenses like direct materials, direct labor, and all types of overhead (both variable and fixed) to the cost of a product.

Net Operating Income

Profit generated from a company's core business operations, excluding costs and income from non-operational activities.

Operating Loss

A situation where a business's total expenses exceed its revenues, not accounting for interest or taxes.