The probability that event B occurs is 1/4
![P(B)=(1)/(4)](https://img.qammunity.org/2023/formulas/mathematics/college/d4a6h4fifldua22ekplc7lgsqr0y4lj23i.png)
The probability that event A occurs given that event B occurs is 1/3
![P(A|B)=(1)/(3)](https://img.qammunity.org/2023/formulas/mathematics/high-school/iwx0fgfy98kaea2dqjoo1ze9xabb2rn2rl.png)
What is the probability that events A and B both occur?
![P(A\: and\: B)=\text{?}](https://img.qammunity.org/2023/formulas/mathematics/high-school/xae5lz0ndcro2yayoql8vsibad67ksgozc.png)
Recall that the conditional probability is given by
![P(A|B)=(P(A\: and\: B))/(P(B))_{}](https://img.qammunity.org/2023/formulas/mathematics/college/nggya6mtwh2wzfhx97rtk7p9i69yokwn48.png)
Re-writing the above formula for P(A and B)
![P(A\: and\: B)=P(A|B)\cdot P(B)](https://img.qammunity.org/2023/formulas/mathematics/college/dbx42d0fq3pcpuddzobumj17xle8ewqwrc.png)
So, the probability that events A and B both occur is
![\begin{gathered} P(A\: and\: B)=P(A|B)\cdot P(B) \\ P(A\: and\: B)=(1)/(3)\cdot(1)/(4) \\ P(A\: and\: B)=(1)/(12) \end{gathered}](https://img.qammunity.org/2023/formulas/mathematics/college/q1taromebw96f0cfns0vmct8h4zam5c4wy.png)
Therefore, the probability that events A and B both occur is 1/12