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Exam CTFA topic 1 question 421 discussion

Actual exam question from ABA's CTFA
Question #: 421
Topic #: 1
[All CTFA Questions]

The joint probability of events A and B is 32 percent with the probability of event A being 60 percent and the probability of event B being 50 percent. Based on this information, the conditional probability of event A given event B has occurred is closest to:

  • A. 30.0%
  • B. 53.3%
  • C. 64.0%
  • D. 56.6%
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Suggested Answer: C 🗳️
by vynyfulu at April 5, 2025, 3:07 p.m.

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