Step 1: Given probabilities. Let \( P(A) = \frac{1}{3} \) and \( P(B) = \frac{1}{4} \).
Step 2: Find the probability that at least one wins. Using the formula for union of probabilities: \[ P(A \cup B) = P(A) + P(B) - P(A \cap B) \] Since nothing is mentioned about \( A \) and \( B \) winning together, we assume independence: \[ P(A \cap B) = P(A) \times P(B) = \frac{1}{3} \times \frac{1}{4} = \frac{1}{12} \]
Step 3: Compute \( P(A \cup B) \). \[ P(A \cup B) = \frac{1}{3} + \frac{1}{4} - \frac{1}{12} \] Finding LCM of 3, 4, and 12: \[ P(A \cup B) = \frac{4}{12} + \frac{3}{12} - \frac{1}{12} = \frac{6}{12} = \frac{1}{2}). \]
Step 4: Find probability that neither wins. \[ P(\text{Neither } A \text{ nor } B) = 1 - P(A \cup B) = 1 - \frac{1}{2} = \frac{1}{2} \] Thus, the probability that neither wins is \( \frac{1}{2} \
Let the mean and variance of 7 observations 2, 4, 10, x, 12, 14, y, where x>y, be 8 and 16 respectively. Two numbers are chosen from \(\{1, 2, 3, x-4, y, 5\}\) one after another without replacement, then the probability, that the smaller number among the two chosen numbers is less than 4, is:
If the mean and the variance of the data 
are $\mu$ and 19 respectively, then the value of $\lambda + \mu$ is