Suppose A and B are mutually exclusive events defined on the same sample space such that P(A)=0.37 and P(B)=c.
1. What is the maximum value of c?
2. What is P(A|B)?
Solution:
(1):
For mutually exclusive, P(A)+P(B)=P(AUB) and P(AB)=0
P(A)+P(B)=P(AUB)
0.37+c=1 [Since P(AUB) 1 and we need maximum value of c]
c=0.63
(2):
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