P(A|B)= P(B|A)for All Events a and B

question 28

True/False

P(A|B)= P(B|A)for all events A and B.

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Definitions:

Potential Lender

An individual or institution considering the provision of loans or credit to businesses or individuals, assessing risk and return before decision-making.

Small Business Manager

A person responsible for directing the operations, managing the staff, and ensuring the profitability of a small business.

Actions

The steps or measures taken to achieve a particular goal, often planned and executed to effect change or produce a desired outcome.

Business

Commercial activity where goods or services are exchanged for one another or for money, with the main aim of earning profits.