- CFA Exams
- CFA Exam: Level I 2021
- Study Session 2. Quantitative Methods (1)
- Reading 8. Probability Concepts
- Subject 2. Unconditional, Conditional, and Joint Probabilities

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**CFA Practice Question**

The meaning of P(B | A) is ______.

B. probability of IF event A THEN event B

C. probability of event A given event B

A. probability of IF event B THEN event A

B. probability of IF event A THEN event B

C. probability of event A given event B

Correct Answer: B

The notation P(B | A) means the probability of If event A then event B. Another wording is probability of event B given event A.

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