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Unit No.5.
PROBABILITY
Presented By:
Dr. V. M. Tidake
Ph. D (Financial Management), MBA(FM), MBA(HRM) BE(Chem)
Dean, EDP & Associate Professor MBA
1
Sanjivani College of Engineering, Kopargaon
Department of MBA
www.sanjivanimba.org.in
www.sanjivanimba.org.in
302-DECISION SCIENCE
Unit No.5. Probability
5.9 Case 6: Probability
Presented By:
Dr. V. M. Tidake
Ph. D (Financial Management), MBA(FM), MBA(HRM) BE(Chem)
Dean EDP & Associate Professor MBA
2
Sanjivani College of Engineering, Kopargaon
Department of MBA
www.sanjivanimba.org.in
www.sanjivanimba.org.in
NETWORK ANALYSIS
๏ฑ At the End of the Session Student will be able to
understand-
A. Case 6: Probability
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Probability
Two Friends A & B apply for two vacancies at the same
post. The probabilities of their selection are ยผ and 1/5
respectively. What is the chance that-
i. One of them will be selected,
ii. Both will be selected,
iii. None will be selected,
iv. At least one will be selected.
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Probability
Let, A Event that A is selected
B Event that B is selected
๐‘ƒ ๐ด =
๐‘š
๐‘›
=
1
4
๐‘Ž๐‘›๐‘‘ ๐‘ƒ ๐ต =
๐‘š
๐‘›
=
1
5
๐‘ƒ ๐ด ๐‘›๐‘œ๐‘ก ๐‘ ๐‘’๐‘™๐‘’๐‘๐‘ก๐‘’๐‘‘ = ๐‘ƒ(๐ด) = 1 โˆ’
1
4
=
3
4
๐‘ƒ ๐ต ๐‘›๐‘œ๐‘ก ๐‘ ๐‘’๐‘™๐‘’๐‘๐‘ก๐‘’๐‘‘ = ๐‘ƒ(๐ต) = 1 โˆ’
1
5
=
4
5
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Probability
i) Now if only one is selected i.e. (A is selected and B is
not) or (B is selected and A is not)
= P(AีˆB) + P(BีˆA)
= P ๐ด . ๐‘ƒ ๐ต + P ๐ต . ๐‘ƒ ๐ด
=
1
4
.
4
5
+
1
5
.
3
4
=
4
20
+
3
20
=
7
20
ii) If both are selected, then Required Probability
= P(AีˆB)
= P(A).P(B) =
1
4
.
1
5
=
1
20
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Probability
iii) P none of them is selected
= 1- P(at least one is selected)
= 1 - P(One is selected or both are selected)
= 1 โˆ’
7
20
+
1
20
= 1 โˆ’
8
20
=
12
20
=
3
5
iv) At least one will be selected
= P(One is selected or both are selected)
= P(One is selected) + P(Both are selected)
=
7
20
+
1
20
=
8
20
=
2
5
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EXERCISE
๏ฑ Solve the Case 6 on Probability.
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For More Details Contact1
Dr. V M Tidake
tidkevishal@gmail.com
tidkevishalmba@sanjivani.org.in

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5.9 case 6 probability

  • 1. www.sanjivanimba.org.in Unit No.5. PROBABILITY Presented By: Dr. V. M. Tidake Ph. D (Financial Management), MBA(FM), MBA(HRM) BE(Chem) Dean, EDP & Associate Professor MBA 1 Sanjivani College of Engineering, Kopargaon Department of MBA www.sanjivanimba.org.in
  • 2. www.sanjivanimba.org.in 302-DECISION SCIENCE Unit No.5. Probability 5.9 Case 6: Probability Presented By: Dr. V. M. Tidake Ph. D (Financial Management), MBA(FM), MBA(HRM) BE(Chem) Dean EDP & Associate Professor MBA 2 Sanjivani College of Engineering, Kopargaon Department of MBA www.sanjivanimba.org.in
  • 3. www.sanjivanimba.org.in NETWORK ANALYSIS ๏ฑ At the End of the Session Student will be able to understand- A. Case 6: Probability
  • 4. www.sanjivanimba.org.in Probability Two Friends A & B apply for two vacancies at the same post. The probabilities of their selection are ยผ and 1/5 respectively. What is the chance that- i. One of them will be selected, ii. Both will be selected, iii. None will be selected, iv. At least one will be selected.
  • 5. www.sanjivanimba.org.in Probability Let, A Event that A is selected B Event that B is selected ๐‘ƒ ๐ด = ๐‘š ๐‘› = 1 4 ๐‘Ž๐‘›๐‘‘ ๐‘ƒ ๐ต = ๐‘š ๐‘› = 1 5 ๐‘ƒ ๐ด ๐‘›๐‘œ๐‘ก ๐‘ ๐‘’๐‘™๐‘’๐‘๐‘ก๐‘’๐‘‘ = ๐‘ƒ(๐ด) = 1 โˆ’ 1 4 = 3 4 ๐‘ƒ ๐ต ๐‘›๐‘œ๐‘ก ๐‘ ๐‘’๐‘™๐‘’๐‘๐‘ก๐‘’๐‘‘ = ๐‘ƒ(๐ต) = 1 โˆ’ 1 5 = 4 5
  • 6. www.sanjivanimba.org.in Probability i) Now if only one is selected i.e. (A is selected and B is not) or (B is selected and A is not) = P(AีˆB) + P(BีˆA) = P ๐ด . ๐‘ƒ ๐ต + P ๐ต . ๐‘ƒ ๐ด = 1 4 . 4 5 + 1 5 . 3 4 = 4 20 + 3 20 = 7 20 ii) If both are selected, then Required Probability = P(AีˆB) = P(A).P(B) = 1 4 . 1 5 = 1 20
  • 7. www.sanjivanimba.org.in Probability iii) P none of them is selected = 1- P(at least one is selected) = 1 - P(One is selected or both are selected) = 1 โˆ’ 7 20 + 1 20 = 1 โˆ’ 8 20 = 12 20 = 3 5 iv) At least one will be selected = P(One is selected or both are selected) = P(One is selected) + P(Both are selected) = 7 20 + 1 20 = 8 20 = 2 5
  • 9. www.sanjivanimba.org.in For More Details Contact1 Dr. V M Tidake tidkevishal@gmail.com tidkevishalmba@sanjivani.org.in