If event A has a probability of \( 0.5 \) and event B has a probability of \( 0.3 \), what is the probability that both events occur?
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To find the probability that both events A and B occur, you need to multiply their individual probabilities. Assuming A and B are independent, the calculation would be: \[ P(A \cap B) = P(A) \times P(B) = 0.5 \times 0.3 = 0.15. \] So, the probability that both events occur is \( 0.15 \) or 15%. To visualize this, think about a deck of cards. If drawing one card represents event A (placing the card back each time for independence) and drawing another card represents event B, the likelihood of both drawing a heart and drawing a diamond still resembles the multiplication of the two probabilities! It’s a great way to conceptualize independent events in a fun, relatable scenario!