I'm starting my studies into probability and I'm struggling a bit to comprehend the following problem:
Having:
- Event A, an event that occurs in 2022, that has a chance of 60% of happening
- Event B, a distinct event that occurs in 2023
- If event A does not happen, then B has a change of 10% of occurring
How would you go about to calculate the probability of at least one event happening and of both events happening?
My guts are telling me to see Bayes theorem, but I feel difficulty of using it in this problem.
Thanks in advance for the help.
Bayes theorem is used in this . Let us denote P(A) as probability of event in 2022 , and P(B) of event occuring in 2023 . Now the probability of happening of B when A has not happened is given by
P(B/A') , where A' denotes compliment of A, and
P(B/A')=(P(AUB)-P(A))/P(A') ...(1)
Also P(B/A')= 10% or 0.1 , and P(A)=60% or 0.6 , therefore P(A')= 0.4 . After putting these values in (1) , we get P(AUB)=0.64 , which is the probability of atleast one of the events happening . You can go in similar form to find the other part of the answer .