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Independent and Dependent Events
Two events A and B are independent events if the occurrence of event A is in no way related to the occurrence or non-occurrence of event B. Likewise for independent events, the occurrence of event B is in no way related to the occurrence of event A.
Two events A and B are dependent events if the occurrence of one event say A is related to the occurrence of another event, say B.
MULTIPLICATION RULE: INDEPENDENT EVENTS
The joint probability of two outcomes that are independent is equal to the probability of the first outcome multiplied by the probability of the second outcome (the second outcome may be occurring simultaneously or some time in future), i.e. joint probability of two independent events is equal to the product of their marginal probabilities.
P(A and B) = P(A) . P(B)
Oscar sold 2 glasses of milk for each 5 sodas he sold. If he sold 10 glasses of milk, how many sodas did he sell? Set up a proportion along with milk/soda = 2/5 = 10x. Cross mu
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The freshman class is participating in a fundraiser. Their target is to raise $5,000. After the first two days of the fundraiser, they have raised 32 percent of their goal. How man
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WHAT IS PRECALC
A firm buys a product using the price schedule given in the table: The company estimate holding costs at 10% of the purchase price per year and ordering costs at $40 per order .
2*8
4.2^2x+1 - 9.2^x + 1=0
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