Explain how the probability of two independent events occurring together is calculated.
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To calculate the probability of two independent events occurring together, you simply multiply the probabilities of each event happening. For example, if Event A has a probability of 0.5 and Event B has a probability of 0.3, then the combined probability of both events occurring is 0.5 * 0.3 = 0.15. This means there's a 15% chance that both events will happen simultaneously! Now, while this might sound easy, a common mistake is to confuse independent events with dependent events. Remember, for the multiplication rule to apply, the outcome of one event shouldn't influence the other. So, if you mistakenly think the events affect each other, you could end up with incorrect calculations. Always check if the events are truly independent before multiplying away!