Step 1: Relationship between \(P(E)\) and \(P(\overline{E})\) We know that: \[ P(E) + P(\overline{E}) = 1. \]
Substituting \(P(\overline{E}) = 0.6\): \[ P(E) = 1 - 0.6 = 0.4. \]
Step 2: Use the formula for \(P(E \cup F)\) For any two events \(E\) and \(F\), we have: \[ P(E \cup F) = P(E) + P(F) - P(E \cap F). \] Since \(E\) and \(F\) are independent, \(P(E \cap F) = P(E) \cdot P(F)\).
Substituting this: \[ P(E \cup F) = P(E) + P(F) - P(E) \cdot P(F). \] Substitute \(P(E) = 0.4\) and \(P(E \cup F) = 0.6\): \[ 0.6 = 0.4 + P(F) - (0.4 \cdot P(F)). \] Simplify: \[ 0.6 = 0.4 + P(F) - 0.4P(F). \] \[ 0.6 - 0.4 = P(F)(1 - 0.4). \] \[ 0.2 = 0.6P(F). \] \[ P(F) = \frac{0.2}{0.6} = \frac{1}{3}. \]
Step 3: Find \(P(\overline{E} \cup \overline{F})\) Using the complement rule: \[ P(\overline{E} \cup \overline{F}) = 1 - P(E \cap F). \] From the formula for complements: \[ P(E \cap F) = P(E) \cdot P(F). \]
Substitute \(P(E) = 0.4\) and \(P(F) = \frac{1}{3}\): \[ P(E \cap F) = 0.4 \cdot \frac{1}{3} = \frac{2}{15}. \]
Thus: \[ P(\overline{E} \cup \overline{F}) = 1 - P(E \cap F) = 1 - \frac{2}{15} = \frac{15}{15} - \frac{2}{15} = \frac{13}{15}. \]
Final Answer: \[ P(F) = \frac{1}{3}, \quad P(\overline{E} \cup \overline{F}) = \frac{13}{15}. \]
Four students of class XII are given a problem to solve independently. Their respective chances of solving the problem are: \[ \frac{1}{2},\quad \frac{1}{3},\quad \frac{2}{3},\quad \frac{1}{5} \] Find the probability that at most one of them will solve the problem.
Two persons are competing for a position on the Managing Committee of an organisation. The probabilities that the first and the second person will be appointed are 0.5 and 0.6, respectively. Also, if the first person gets appointed, then the probability of introducing a waste treatment plant is 0.7, and the corresponding probability is 0.4 if the second person gets appointed.
Based on the above information, answer the following
On the basis of the following hypothetical data, calculate the percentage change in Real Gross Domestic Product (GDP) in the year 2022 – 23, using 2020 – 21 as the base year.
Year | Nominal GDP | Nominal GDP (Adjusted to Base Year Price) |
2020–21 | 3,000 | 5,000 |
2022–23 | 4,000 | 6,000 |