At a grocery store, 40% of purchases include milk, 25% of purchases include cereal, and 15% of purchases include both milk and cereal.
What is the probability that a purchase does not include milk nor cereal (i.e., no cereal and no milk)?
Type in the answer, in decimal form.
Solution:
Prob [Milk] = 0.40
Prob [Cereal] = 0.25
Prob [ Both Milk and Cereal ] = 0.15
Now, Prob [ Milk or Cereal ] = Prob [Milk] + Prob [Cereal] - Prob [ Both Milk and Cereal ]
Prob [ Milk or Cereal ] = 0.40 + 0.25 - 0.15
Prob [ Milk or Cereal ] = 0.50
so,
Probability that purchase does not include milk nor cereal is given by,
Prob [ Neither Milk Nor Cereal ] = 1 - Prob [ Milk or Cereal ]
Prob [ Neither Milk Nor Cereal ] = 1 - 0.50
Prob [ Neither Milk Nor Cereal ] = 0.50 (Answer)
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