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May - or may not - be a conditional probability. A conditional probability is not becessarily chronologically structured.
Conditional probabilities arise when you revise the probabilities previously attached to some events in order to take new information into account. The revised probabilities are 'conditional on the new information you have received'.
The conditional probability is 1/4.
If the events are independent then you can multiply the individual probabilities. But if they are not, you have to use conditional probabilities.
Joint probability is the probability that two or more specific outcomes will occur in an event. An example of joint probability would be rolling a 2 and a 5 using two different dice.