Answer:
a) 55%
b) Joint Probability
c) They are not mutually exclusive
Explanation:
Part 1 of the Question
First, we determine the formula for calculating the probabilities of Yellowstone Park and the Tetons as follows
Probability of Yellow Stone = <em>p(</em>Yellowstone)= 0.5 or 50%
Probability of Tetons = <em>p(</em>Tetons)= 0.4 or 40%
Probability of Both = <em>p(</em>Both)= 0.35 or 35%
Therefore, the probability of visiting at least one by a vacationer is as follows:
p(At least One) = <em>p(</em>Yellowstone or Tetons)
= <em>p(</em>Yellowstone) + <em>p(</em>Tetons) - <em>p(</em>Both)
= 50%+40%-35%
= 0.5+0.4-0.35
= 0.55 or 55%
Part 2 of the Question
First the probability of 35% represents the possibility of a vacationer visiting the two locations, hence, it can be called the percentage of intersection between Tetons and Yellowstone. It is also referred to as joint probability
Part 3 of the Question
Once event are mutually exclusive, it means they cannot be carried out or considered together. In other words, one becomes an alternate cost for the other. This means going to Yellowstone means the vacationer cannot go to Tetons and vice versa. In this situation, the joint probability will not be possible (0%). Since, we already know that there is a joint probability of 35%, it means <u>the events are not mutually excusive</u>