d. What is the probability that a person selected at random is in favor of increasing the fees and is again e. What is the probability that a faculty member selected at random is against increasing the fees? Submit answer Attempts: 0/10 Find this question difficult? Do you know you can practice another version of this question?
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The study of probability dates back to the 16th century, with significant contributions from mathematicians like Gerolamo Cardano and Pierre de Fermat. They laid the groundwork for understanding chance and uncertainty through games of chance. Fast forward to today, probability is used in everything from predicting weather patterns to making stock market decisions—making it a crucial concept in various fields! In practical terms, understanding probabilities can greatly enhance decision-making skills. For instance, if you know that the probability of students supporting fee increases is high, it could mean preparing better financial plans or engaging directly with those opposed. Common mistakes include confusing independent events with dependent ones and not considering sample sizes or biases when analyzing probabilities.