Solve Probability Homework: Intro to Venn Diagrams and Sets

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SUMMARY

This discussion focuses on solving a probability problem involving Venn diagrams and set theory. In a class of 100 students, it is determined that 40 students have both MasterCards and Visas, 20 students have only Visas, and 70 students have at least one of the cards. The events of having a Visa (V) and a MasterCard (M) are not disjoint, as their intersection is non-empty. The relevant probability equations used include the union and intersection formulas for sets.

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Homework Statement



Hi. I've been reading my probability book and I came across this problem:

In a class of 100 students, 50 have MasterCards, 60 have Visas, and 30 have neither.

Let ##V## be the event of having a Visa and ##M## be the event of having a MasterCard.

a) How many students have both cards?
b) How many students have Visa only?
c) How many students have at least one of the cards?
d) Are ##M## and ##V## disjoint?

Homework Equations



##P(A \cup B) = P(A) + P(B) - P(A \cap B)##

The Attempt at a Solution



This is my first experience with formal probability, so I will show you what I have come up with, and hopefully it is reasonable.

a) How many students have both cards?

This question reduces to asking what is ##P(V \cap M) * 100##? Re-arranging the relevant equation:

$$P(V \cup M) = P(V) + P(M) - P(V \cap M)$$
$$P(V \cap M) = P(V) + P(M) - P(V \cup M)$$

Now we know ##P(V' \cap M') = P((V \cup M)') = 0.30 \Rightarrow P(V \cup M) = 0.70##. We also know ##P(V) = 0.60## and ##P(M) = 0.50##. Therefore:

$$P(V \cap M) = 0.60 + 0.50 - 0.70 = 0.40$$

Hence 40 students have both cards.

b) This question reduces to asking what is ##P(V \cap M')##?

So we know:

$$P(V \cup M) = P(M) + P(V \cap M')$$
$$P(V \cap M') = P(V \cup M) - P(M) = 0.70 - 0.50 = 0.20$$

So 20 students should have a visa only.

c) This question reduces to asking what is ##P(V \cup M)##?

From earlier ##P(V \cup M) = 0.70##. So 70 students have at least one card.

d) No ##V## and ##M## are not disjoint because ##V \cap M \neq \emptyset##.
 
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That looks right to me. You should be able to check your answers with a Venn diagram.
 

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