The correct formula that mathematically represents the conditional probability of event A given event B is:
\[ P(A|B) = \frac{P(A \text{ and } B)}{P(B)} \]
This means that the conditional probability of event A occurring given that event B has occurred is equal to the probability of both events A and B occurring divided by the probability of event B occurring.
So, the correct response from your options is: P(A|B) = \(\frac{P(A \text{ and } B)}{P(B)}\).