An analyst gathers the following probabilities concerning Event X and some new information: | Prior probability of X | 0.70 | |------------------------|------| | Probability of the new information given X | 0.50 | | Unconditional probability of the new information | 0.60 | Using Bayes' formula, the updated probability of X given the new information is closest to: | Chartered Financial Analyst Level 1 Quiz - LeetQuiz