Match the items of List-I with those of List-II and choose the correct answer.
| List-I | List-II |
| a. The probability of two events occurring together or in succession | 1. Marginal probability |
| b. The probability of occurring one event given that another event has occurred | 2. Posterior probability |
| c. The probability of occurring a single event | 3. Subjective probability |
| d. The probability revised in the light of additional information | 4. Joint probability |
| 5. Conditional probability |
A. a-4, b-5, c-1, d-3
B. a-5, b-4, c-2, d-3
C. a-5, b-4, c-3, d-1
D. a-4, b-5, c-1, d-2
Answer: Option D
Related Questions on Business Statistics
In statistical analysis, the burden of proof lies traditionally with
A. alternative hypothesis
B. null hypothesis
C. analyst
D. facts
A. Target fixing
B. Markets
C. Business forecasting for products
D. All of the above
A. Statements I and II are true
B. Statement II is true
C. Statements II and III are true
D. Statement III is true
A. Transaction processing
B. Application processing
C. Data processing
D. Information processing

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