The Winning Desk in a Winning Book

Two trading desks post daily P&Ls X X and Y Y that are independent standard normal random variables. Today the combined book finished up: X+Y>0 X + Y > 0 . Given that, what is the probability the first desk was itself profitable — that is, Pr⁡(X>0∣X+Y>0) \Pr(X > 0 \mid X + Y > 0) ?

Answer

Free accounts unlock one worked solution a day. Pro includes every answer.