pROBABILITY AND STATISTIC..HELP...................

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A small store installed a diesel-powered generator for emergency power outage because they function independently of electric power. The past history of the town indicates that on about 5% of days during summer the town loses electricity due to high winds. However, high winds do not affect functioning of genera- tors. These generators have a failure rate of about 2%. On a given summer day, what is the probability that the store will be totally out of power?

• pROBABILITY AND STATISTIC..HELP................... -

• pROBABILITY AND STATISTIC..HELP................... -

If the events are independent, the probability of both/all events occurring is determined by multiplying the probabilities of the individual events.

.05 * .02 = ?

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