Question
1. Two friends, Jack and Jill go on night camping in the forest every summer. Suppose that on any summer the probability that Jack go
1. Two friends, Jack and Jill go on night camping in the forest every summer. Suppose that on any summer the probability that Jack go on night camping is 0.96, that Tom going on night camping is 0.98, and that they both go on night camping is 0.95. What is the probability that neither Jack nor Tom go on night camping? 2. Inflation is the rate of increase in prices over a given period of time. Suppose that in 2023 the probability that increase in inflation is 0.6. Given that inflation rate increases in 2023, the probability that it will increase in 2024 is 0.3. Find the probability that it increases in both years.
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