Two Chips Are Drawn at Random and Without Replacement from a Bag

question 172

Essay

Two chips are drawn at random and without replacement from a bag containing two blue chips and two red chips. Events A and B are defined as follows. A: {Both chips are red} B: {At least one of the chips is blue} a. Identify the sample points in the event $A \cup B$ .
b. Find $P ( A \cup B )$ .

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Definitions:

Import/Export

The business of importing goods from foreign countries and exporting domestic goods to foreign countries.

Austerity

Austerity refers to strict economic policies aimed at reducing government deficits through spending cuts and tax increases.

Sovereign Debt Crisis

A situation where a country's government is unable to meet its debt obligations, leading to financial turmoil.

Higher Taxes

An increase in the tax rate or tax liability faced by individuals or corporations.