John’s employer will match his contributions into his retirement plan, but only up to 3% of his salary. John decides to invest 5
1 answer:
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In order to determine if the events are independent or not we need to find the conditional probabilities.
The conditional probability of event A, given event B is denoted as P(A|B)
P(A*B) indicates P(A and B)
Using the values, we get:
Since P(A|B) is not equal to P(A) this indicates that occurrence of event B has an impact on the occurrence of event A. This shows that the two events are dependent.
Therefore, the correct option is the second one.
2. A and B are not independent events because P(A∣∣B)≠P(A)
The conditional probability of event A, given event B is denoted as P(A|B)
P(A*B) indicates P(A and B)
Using the values, we get:
Since P(A|B) is not equal to P(A) this indicates that occurrence of event B has an impact on the occurrence of event A. This shows that the two events are dependent.
Therefore, the correct option is the second one.
2. A and B are not independent events because P(A∣∣B)≠P(A)