4. Compound Probability
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If events A and B are mutually exclusive, then the probability that either A or B occurs is the sum of the probability of A occurring and the probability of B occurring.
3/5
In order to find the desired probability, we will find the probability that we select a blue chip and the probability that we select a black chip one at a time. Let's start by calculating the probability of choosing a blue chip.
Out of 15 chips in the bag, there are 3 blue chips. P( blue chip)= 3/15=1/5 Next, we will calculate the probability of choosing a black chip.
P(A or B)= P(A) + P(B)
P(blue chip)= 1/5, P(black chip)= 2/5
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