The value of the probability is 3/14
The given parameters are:
P(A) = 4/7
P(B | A) = 3/8
The probability of events A and B occurring is calculated using:
P(A and B) = P(B | A) * P(A)
So, we have:
P(A and B) = 3/8 * 4/7
Evaluate the product
P(A and B) = 3/14
Hence, the value of the probability is 3/14
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