Problem Statement

Conditional Probability Notation Which expression is the direct conditional-probability notation for the probability that the market crashes, given that the central bank hikes rates? Pr(crash | hike) Pr(hike | crash) Pr(hike | crash) Pr(crash) Pr(hike crash) Pr(crash) / Pr(hike) Pr(crash | hike) Pr(hike) / Pr(crash)