Probability Unions: Solving Problems

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SUMMARY

The discussion focuses on calculating probabilities involving two independent actors with a success rate of 0.95. The probability that both actors succeed is correctly calculated as P(A ∩ B) = P(A) * P(B) = 0.9025. The probability that neither actor succeeds is clarified as P(A ∪ B)' = 1 - P(A ∪ B) = 0.0025, with an alternative method proposed using the failure rate of each actor. Lastly, the probability that at least one actor succeeds is accurately determined as P(A ∪ B) = P(A) + P(B) - P(A ∩ B) = 0.9975.

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  • Understanding of basic probability concepts, including independent events.
  • Familiarity with the notation for unions and intersections in probability (P(A ∪ B) and P(A ∩ B)).
  • Knowledge of complementary probabilities (P(A)') and their calculations.
  • Ability to perform basic arithmetic operations with decimals.
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  • Study the principles of independent events in probability theory.
  • Learn about complementary events and their applications in probability calculations.
  • Explore advanced probability concepts such as conditional probability and Bayes' theorem.
  • Practice solving probability problems involving multiple independent events.
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cue928
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Have a problem that I've worked through, would appreciate any feedback on it to tell if I'm doing it correctly:

Say the probability of success is .95. Two different actors, acting independently:
1. Probability that both actors are successful: I had P(A intersect B) = P(A) * P(B) = (.95)*(.95) = .9025

2. Probability that neither actor is successful? Was a little confused on this one, but I thought it would be P(A U B)'. In (3), I'd calculated the P(A U B) to be .9975, so 1-.9975 = .0025

3. Probability that either actor is successful? I used P(A U B) = P(A) + P(B) - P(A intersect B) = .9975

thank you much.
 
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Looks pretty good to me!
 
Looks ok!

May I suggest another method for (2)?? The chance that an auther is not successful is 0.05. so the chance that neither author iss successful is 0.05*0.05 by independence.
 

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