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**CFA Practice Question**

The probability of the occurrence of an airplane crash and a successful resolution to a labor strike at the same time is called:

A. an unconditional probability.

B. a joint probability.

C. an unrelated probability.

**Explanation:**A joint probability takes the form of P(AB), the probability that an event A (an airplane crash) and an event B (the resolution of a strike) both happen.

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**User Contributed Comments**
1

User |
Comment |
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saif0013 |
At the same time is the key word or else it would be unconditional probability/unrelated |