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Do you use probability in your profession or real life? You most likely do. For example,...

Do you use probability in your profession or real life? You most likely do. For example, the chance of rain tomorrow is 27%. We hear similar probabilities in the media all the time. Similar probabilities could be found in other professions. Do one of the following three:

(i) Find an example of probability involving “A or B” that is used in your chosen profession or real life. Explain the example. Are the events A and B in your example mutually exclusive? Why or why not? Which Addition Rule formula for P(A or B) applies? Be sure to clearly cite the source of the information.

(ii) Find an example of probability involving “A and B” that is used in your chosen profession or real life. Explain the example. Are the events A and B in your example independent? Why or why not? Which Multiplication Rule formula for P(A and B) applies? Be sure to clearly cite the source of the information.

(ii) Find an example involving conditional probability that is used in your chosen profession or real life. Explain the example. Are the events A and B in your example independent? Why or why not? Explain the conditional probability formula that applies. Be sure to clearly cite the source of the information.

Math   Statistics-And-Probability   
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