Consider the following set of cards:
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What is the probability of drawing a card with a value less than 5, given that you already picked a heart, i.e. P(<5 | Heart) = ?
Some observations:
The number of hearts with values less than 5 is
# of hearts < 6 = P(Heart | <5) * P(<5) = 2/3 * 3/12 = 1/6
The number of hearts with values greater of equal to 5 is
# hearts >= 5 = P(Heart | >=5) * P(>=5) = 4/9 * 9/12 = 1/3
Thus the probablility of a value < 5, given a heart is
P(<5 | Heart) = (# of hearts < 5)/ (# of hearts < 5 + # hearts >= 5) = 1/6/(1/6+ 1/3) = 1/3
Using Bayes' Theorem:
P(<5 | Heart) = P(Heart | <5) * P(<5)/P(Heart) = 2/3 * (1/4)/(1/2) = 1/3
Notice how the experiment of first pulling a heart effectively reduces the size of the universe from 12 black or red cards to just 6 red cards. The probability of getting a card less than 5 changes from 1/4 in the full universe to 1/3 in the reduced universe.