Probability

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. Complete one of the following:

(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? Which Addition Rule formula for P(A or B) applies? Be sure to cite the source of the information clearly.

(ii) Using a search engine, 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? Which Multiplication Rule formula for P(A and B) applies? Be sure to cite the source of the information clearly.

(iii) Find an example involving conditional probability that is used in your chosen profession or real life. Explain the example. Be sure to cite the source of the information clearly.

Be sure to support your statements with logic and argument, citing any sources referenced.