Compound event
An event made up of two or more simple events
A compound event is an event in probability theory that involves more than one outcome occurring simultaneously or in sequence. In other words, it is an event that can be broken down into two or more simple events.
For example, tossing a coin twice is a compound event as there are four possible outcomes: heads-heads, heads-tails, tails-heads, and tails-tails. Another example of a compound event could be rolling a pair of dice and getting a sum of 7 or higher.
Compound events can be classified into two categories: independent and dependent. If the occurrence of one event has no influence on the occurrence of another event, then they are considered independent. However, if the occurrence of one event affects the probability of the occurrence of another event, then they are considered dependent.
For instance, if you draw two cards from a deck without replacement, the probability of drawing a heart on the first draw is 13/52. However, the probability of drawing another heart on the second draw will depend on whether or not a heart was already drawn on the first draw.
In conclusion, understanding compound events is important in probability theory as it allows us to calculate the probability of complex events and make informed decisions based on the likelihood of their occurrence.
More Answers:
Mastering Dependent Events: The Probability And Impact Of Related EventsConditional Relative Frequency And Its Importance In Calculating Probabilities
Calculating Conditional Probability: Formula And Example