According to Pew Research Center surveys, 79% of U.S. adults were using the Internet in January 2011 and 83% were using it in January 2012 (USA TODAY, January 26, 2012). Suppose that these percentages are based on random samples of 1720 U.S. adult January 2011 and 1970 in January 2012. a. Let p, and p, be the proportions of all U.s. adults who were using the Internet in January 2011 and January 2012, respectivel Construct a 95% confidence interval for P, – P2- Round your answers to three decimal places. to i
Compound Probability
Compound probability can be defined as the probability of the two events which are independent. It can be defined as the multiplication of the probability of two events that are not dependent.
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Probability theory is a branch of mathematics that deals with the subject of probability. Although there are many different concepts of probability, probability theory expresses the definition mathematically through a series of axioms. Usually, these axioms express probability in terms of a probability space, which assigns a measure with values ranging from 0 to 1 to a set of outcomes known as the sample space. An event is a subset of these outcomes that is described.
Conditional Probability
By definition, the term probability is expressed as a part of mathematics where the chance of an event that may either occur or not is evaluated and expressed in numerical terms. The range of the value within which probability can be expressed is between 0 and 1. The higher the chance of an event occurring, the closer is its value to be 1. If the probability of an event is 1, it means that the event will happen under all considered circumstances. Similarly, if the probability is exactly 0, then no matter the situation, the event will never occur.
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