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)

in progress 1
Dhruv2301 55 years 1 Answer 2392 views Great Grand Master 1

Answer ( 1 )

  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

Leave an answer

Browse
Browse