Joint Probability: Definition, Formula & Examples

Instructions:

question 1 of 3

A baseball team winning its game and a hockey team also winning its game on the same night are an example of what type of event?

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2. If an analyst believes the probability of the stock market going up today is 40% and the probability of the bond market going up is 60%, what is the probability that both of them go up today?

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In this quiz and worksheet combination, you will be reviewing the definition and formula for join probability. Questions address examples of events and their dependence on each other as well as situations where the joint probability formula can be used.

Quiz and Worksheet Goals

You can expect to see the subjects and situations mentioned in the list below when you take the quiz:

• Two different teams in different sports winning a game on the same night
• A team scoring runs and winning the game
• Practice problems involving joint probability calculation
• Situations where the formula can be used

Skills Practiced

• Information recall - remember what you have learned about situations where the formula can be used
• Problem solving - use what you know to solve practice problems involving the calculation of joint probability
• Making connections - understand the different types of events that can take place when compared to each other