/*! This file is auto-generated */ .wp-block-button__link{color:#fff;background-color:#32373c;border-radius:9999px;box-shadow:none;text-decoration:none;padding:calc(.667em + 2px) calc(1.333em + 2px);font-size:1.125em}.wp-block-file__button{background:#32373c;color:#fff;text-decoration:none} Problem 22 Homes Funding for many schools c... [FREE SOLUTION] | 91Ó°ÊÓ

91Ó°ÊÓ

Homes Funding for many schools comes from taxes based on assessed values of local properties. People's homes are assessed higher if they have extra features such as garages and swimming pools. Assessment records in a certain school district indicate that \(37 \%\) of the homes have garages and \(3 \%\) have swimming pools. The Addition Rule might suggest, then, that \(40 \%\) of residences have a garage or a pool. What's wrong with that reasoning?

Short Answer

Expert verified
The reasoning is incorrect because it assumes that these events (a home having a garage and a home having a pool) are mutually exclusive, which may not be the case. Some homes may have both a garage and a pool, and adding the individual probabilities risks counting these homes twice.

Step by step solution

01

Understand the Addition Rule

The Addition Rule states that for two mutually exclusive events, the probability of either happening is the sum of their individual probabilities. Mutually exclusive means the two events cannot occur at the same time. It implies that a home cannot have both a garage and a pool.
02

Reasoning why the Addition Rule is Inopportune here

In this exercise, there could be homes which have both a garage and a pool. So, these events are not mutually exclusive. Therefore, by simply adding the percentages, we might be counting few households twice - those which have both these features.
03

Explanation

So, the correct reasoning would be to consider the possibility that some homes could have both a garage and a pool. Without this dual-feature data, we cannot add the probabilities directly, as it risks counting some homes with both features twice. This is what's wrong with the given reasoning.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Mutually Exclusive Events
In probability, events are called mutually exclusive if they cannot happen at the same time. Imagine events as separate paths a situation can take. When it comes to mutually exclusive events, choosing one path means you cannot take another. For example, flipping a coin results in either heads or tails, but not both.

However, when events are not mutually exclusive, they can occur together. In the context of our school district problem, a home could easily have both a garage and a swimming pool. The assumption that these two are mutually exclusive is incorrect, leading to miscalculation when using the Addition Rule.

Always ensure events are truly separate before considering them mutually exclusive. This helps in applying the appropriate rules of probability accurately.
Probability
Probability is a way to quantify how likely an event is to happen. It provides a measure of uncertainty and expresses the likelihood as a percentage (%) or as a fraction. For instance, in our exercise, we are given individual probabilities where 37% of homes have garages and 3% have swimming pools.

When calculating the probability of either one event or another happening, if they are mutually exclusive, simply add their probabilities. However, given our scenario, homes may feature both garages and pools, indicating overlapping probabilities.
  • If mutually exclusive: Probability(Garage or Pool) = Probability(Garage) + Probability(Pool)
  • If not mutually exclusive: Probability(Garage or Pool) = Probability(Garage) + Probability(Pool) - Probability(Garage and Pool)
Remember, correctly identifying the nature of events helps appropriately calculate and avoid double-counting.
Assessing Properties
Assessing properties involves evaluating conditions and attributes, crucial for determining accurate probabilities in real-world scenarios like the school district problem.

Often, assessing requires gathering detailed data beyond surface-level statistics. The real question is understanding how many homes might fall into multiple categories, such as having both a garage and a swimming pool. Without precise data indicating how many homes these features overlap, you'll often make incorrect assumptions.

To properly solve such exercises, collect comprehensive data and account for potential overlaps. This ensures calculations using rules like the Addition Rule are accurate and reflective of reality. Properly assessing properties leads to better insights and informed decision-making.

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