I would like to know my chances of surviving to see my son's high-school graduation.I need to live another twelve years, of course, and my son has to live that long as well-and he also has to graduate! What formula would I use to calculate my chances?
A)the addition theorem for mutually exclusive alternatives
B)the addition theorem for nonexclusive alternatives
C)the general product theorem for the joint occurrence of independent events
D)the general product theorem for the joint occurrence of dependent events

Question

Quizplus · Accepted Answer

The correct formula to use in this scenario is the general product theorem for the joint occurrence of independent events (C). This theorem is applied because you're looking to calculate the probability of multiple independent events happening together (your survival, your son's survival, and his graduation). These events are considered independent because the occurrence of one does not affect the probability of the others occurring.

I Would Like to Know My Chances of Surviving to See