Survey Results
Favorable Market(FM)-Positive: 0.65 , Negative: 0.35
Unfavorable Market(UM) -Positive: 0.4, Negative:0.6
What is the probability that if a favorable market occurs, the survey will have been positive?
I'm not sure that my answer is 0.65
What is the probability that if a favorable market occurs, the survey will have been positive?
if the possibility of the market being favorable is 1/2 then the probability would be 0.325
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