Assignment:
Laocoon declares: “I ascribe probability 0 ¨ .6 to the Greeks attacking us from within a wooden horse.” Priam then declares: “I ascribe probability 0.7 to the Greeks attacking us from within a wooden horse.” After Priam’s declaration, is the fact that “Laocoon ascribes probability 0 ¨ .6 to the Greeks attacking from within a wooden horse” common belief among the players? Justify your answer.
Provide complete and step by step solution for the question and show calculations and use formulas.