A company is considering purchasing mineral rights to two different mountains. The probability that it will purchase the mineral rights to the mountain is 0.55. The probability that will purchase the mineral second mountains 0.4. Assuming the decisions to purchase the mineral rights to each mountain are made independently, the probability that it will purchase the mineral rights to exactly one of the two mountains?

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yahirnarciso40 yahirnarciso40 · Answer 1 · 2020-11-16T07:47:33+01:00

Answer:

.51

Step-by-step explanation:

P(F)=.55, P(S)= .4

P(F ∩ not S)= .55×.6=.33

P(S ∩ not F)= .4×.45=.18

.33+.18=.51

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nishantwork777 nishantwork777 · Answer 2 · 2021-10-15T12:06:18+02:00

Answer:

The probability of purchasing mineral rights to exactly one of the two mountains is 0.51.

Step-by-step explanation:

Given information:

A company is considering purchasing materials:

The probability of purchasing mineral rights

Form the first mountain [tex]p_1=0.55\\[/tex]

From the second mountain [tex]p_2=0.4[/tex]

As the decision is made independently

So, P([tex]p_1[/tex]∩ not[tex]p_2[/tex]) [tex]=0.55 \times 0.6\\[/tex]

P([tex]p_1[/tex]∩ not[tex]p_2[/tex]) [tex]= 0.33\\[/tex]

Similarly, the value of

P([tex]p_2[/tex]∩ not[tex]p_1[/tex]) [tex]=0.4 \times 0.45[/tex]

P([tex]p_2[/tex]∩ not[tex]p_1[/tex]) [tex]=0.15[/tex]

Hence , [tex]P=0.33+0.18[/tex]

[tex]P=0.51[/tex]

Hence , the probability of purchasing mineral rights to exactly one of the two mountains is 0.51.

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