List-I (Probability) | List-II (Formula) |
(A) P(A ∪ B) | 1. P(A ∩ B)/P(B) |
(B) P(A/B) | 2. P(B/A) x P(A) |
(C) P(B ∩ A) | 3. P(A) + P(B) |
(D) P(B/A) | 4. P(A ∩ B)/P(A) |
CODES
A | B | C | D | |
I | 1 | 2 | 3 | 4 |
II | 4 | 3 | 2 | 1 |
III | 3 | 1 | 2 | 4 |
IV | 3 | 2 | 1 | 4 |
List-I (Outcome State) | List-II (Explanation) |
(A) Certainty | 1. Multiple outcomes for each alternative can be identified, but there is no knowledge of the probability to be attached to each. |
(B) Risk | 2. Complete and accurate knowledge of the outcome of each alternative. There is only one outcome for each alternative. |
(C) Uncertainty | 3. Multiple possible outcomes of each alternative can be identified, and a probability of occurrence can be attached to each. |
CODES
A | B | C | |
I | 1 | 2 | 3 |
II | 3 | 2 | 1 |
III | 2 | 3 | 1 |
IV | 2 | 1 | 3 |