Compound Probability Example
Let’s illustrate compound probability with an example:
Example: Suppose a bag contains 5 red marbles and 3 blue marbles. If two marbles are randomly selected from the bag without replacement, what is the probability of selecting one red marble and one blue marble?
Solution:
Selecting a Red Marble:
Probability of selecting the first red marble = 5/8
After selecting the first red marble, there are 4 red marbles left and a total of 7 marbles remaining.
Probability of selecting the second red marble = 4/7
Probability of selecting one red marble = (5/8) × (4/7) = 5/14
Selecting a Blue Marble:
Probability of selecting the first blue marble = 3/8
After selecting the first blue marble, there are 3 blue marbles left and a total of 7 marbles remaining.
Probability of selecting the second blue marble = 3/7
Probability of selecting one blue marble = (3/8) × (3/7)
= 9/56
Compound Probability:
Probability of selecting one red and one blue marble = Probability of selecting a red marble * Probability of selecting a blue marble
Probability = (5/14) × (9/56)
= 45/784
Compound Probability: Definition, Formulas, Examples
Compound probability is a fundamental concept in mathematics and statistics that deals with the likelihood of multiple events occurring together within a single experiment or scenario. It provides a framework for understanding the combined probability of two or more events happening simultaneously or sequentially. Compound probability plays a crucial role in various fields such as statistics, finance, and engineering, where events often depend on the occurrence of other events.
Table of Content
- What is Probability?
- What is Compound Probability?
- Compound Probability Formulas
- Multiplication Rule
- Addition Rule for Mutually Exclusive Events
- General Addition Rule
- How to Find Compound Probability?
- Compound Probability Example