Public Agenda conducted a survey of 1379 parents and 1342 students in grades 6-12 regarding the importance of science and mathematics for success in life after school. 50% of the students thought these skills were essential and 62% of the parents thought these subjects were crucial for success. The two random samples were selected independently of each other. Is there enough evidence to conclude that the proportion of parents who feel science and math are important for success is higher than the proportion of students who feel the same way? Conduct your test with a level of significance of 0.05.
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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