Business Statistics

164 Business Statistics

5.3.4 Compound Event

The joint occurrence of two or more simple events is known as a compound event. In other words,

if two or more events are connected with each other, then their simultaneous occurrence is called a

compound event. In an experiment in which two coins are tossed, the event of obtaining “one head

and one tail” is a compound event as it consists of two events: (1) one head occurrence and (2) one

tail occurrence. Similarly, if a bag contains 3 red and 3 blue balls and two balls are drawn randomly,

then the event of pulling out “one red and one blue ball” is a compound event. These events can be

dependent ...