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2 January, 08:35

Insurance Underwriters have established that the probability of city experiencing disasters in the next five years is 0.3 for a Tornado, 0.4 for Hurricane, and 0.1 for both Tornado and Hurricane. A) What is the probability of city experiencing only a Tornado in the next five years? B) What is the probability of city experiencing neither a Tornado nor Hurricane in the next five years?

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  1. 2 January, 11:40
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    a. 20%

    b. 40%

    Step-by-step explanation:

    We have the following from the statement:

    P (T) = 0.3

    P (H) = 0.4

    P (T n H) = 0.1

    Thus:

    a. Tornado-only probability would be the probability of a tornado minus the probability of both tornado and hucaran

    P (only T) = P (T) - P (T n H)

    replacing:

    P (only T) = 0.3 - 0.1

    P (only T) = 0.2

    In other words, the probability that only one tornado will occur is 20%

    b. The probability that there is neither of the two would be the complement of the union between both events, that is:

    P (T U H) ' = 1 - P (T U H)

    and the union is equal to:

    P (T U H) = P (T) + P (H) - P (T n H)

    replacing:

    P (T U H) = 0.3 + 0.4 - 0.1

    P (T U H) = 0.6

    now if replacing in P (T U H) ':

    P (T U H) ' = 1 - 0.6

    P (T U H) ' = 0.4

    That is to say that the probability that neither of the two happens is 40%
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