CFA Practice Question

There are 410 practice questions for this study session.

CFA Practice Question

Suppose that the probability of A is 0.80 and the probability of B is 0.60. If A and B are independent events, what is the joint probability of A and B?
A. 0.48
B. 0.75
C. 0.80
Explanation: Since A and B are independent events, P(A) = P(A|B) = 0.8 and P(AB) = P(A|B)P(B) = 0.80 x 0.60 = 0.48.

User Contributed Comments 1

User Comment
weebe P(A and B) = P(A) * P(B) if A and B are independent
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