JP Morgan Interview Questions | Probability
Question
The probability that item an item at location A is 0.6, and 0.8 at location B. What is the probability that item would be found on JP Morgan website?
(Hint- Make the required assumptions)
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Answer ( 1 )
suppose, p(A) = 0.6
p(B) = 0.8
we have to find p(A or B)
P(A or B) = P(A) + P(B) — P(A and B)
P(A or B) = 0.6 + 0.8 – (0.6*0.8)
P(A or B) = 0.92