Correct Answer - Option 1 : 0.684
Calculation:
⇒ Let A be the event that the mining job will be completed on time and B be the event that it rains. We have,
⇒ P(B) = 0.45,
⇒ P(no rain) = P(B′) = 1 − P(B) = 1 − 0.45 = 0.55
⇒ By multiplication law of probability,
⇒ P(A|B) = 0.42
⇒ P(A|B′) = 0.90
Since, events B and B′ form partitions of the sample space S, by total probability theorem, we have
⇒ P(A) = P(B) P(A|B) + P(B′) P(A|B′)
⇒ 0.45 × 0.42 + 0.55 × 0.9
⇒ 0.189 + 0.495 = 0.684
⇒ So, the probability that the job will be completed on time is 0.684.
⇒ Total Probability Theorem
⇒ Given mutually exclusive events A1, A2 …….. An whose probabilities sum to unity, then
⇒ P(B) = P(B|A1)P(A1) + P(B|A2)P(A2) + ………. + P(B|An)P(An)
⇒ Where B is an arbitrary event, and P (B|Ai) is the conditional probability of B assuming Ai .