2 Answered Questions for the topic Baye's Theorm
Baye's Theorm
01/18/15
Statistic Question - I am trying to solve this problem but I dont know how! Could someone help me? Thank you!
Of a finance company`s loans, 1% are defaulted (not completely repaid). The company routinely runs credit checks on all loan applicants. It finds that 30% of defaulted loans went to poor risks, 40%...
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Baye's Theorm
04/19/14
P(B'|A)=? and P(A' intersection B), when both events are mutually exclusive
when two events A and B are mutually exclusive, then what is the probability of P(B'|A), P(A'|B). P(A), P(B) and P(A∩B) are given.
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