These are independent events because the likelihood of the first event has no bearing on the probability of the second event. Let V represent choosing holidaymakers from the previous summer.
P(V)= (8/10)*(8/10)*(8/10)
P(V)= 512/1000
= 51.2%.
Probabilities are mathematical explanations of the likelihood that an event will occur or that a proposition is true. The likelihood of an event is represented by a number between 0 and 1, with 0 typically signifying impossibility and 1 typically signifying certainty.
Basic probability is governed by three primary rules: the addition rule, the multiplication rule, and the complement rule.
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