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Question
- what is compound probability? the probability that two dependent events will both occur. the probability that one of two dependent events will occur. the probability that one of two independent events will occur. the probability that two independent events will both occur.
Brief Explanations
Compound probability can refer to the probability of two independent events both occurring (using multiplication rule for independent events: $P(A\cap B)=P(A)\times P(B)$) or two dependent events both occurring (using $P(A\cap B)=P(A)\times P(B|A)$ where $P(B|A)$ is the conditional - probability of $B$ given $A$). The most general definition among the options is the probability that two independent events will both occur.
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The probability that two independent events will both occur.