Research Paper Help-Quantitative Business Analysis
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.
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.
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.