The record of a weather station shows that out of the past 300 consecutive days, its weather was forecasted correctly 195 times. What is the probability that on a given day selected at random, (i) it was correct (ii) it was not correct.
Data
Total number days – 300
Number of days when prediction was correct – 195
Probability based on above data that the prediction will be correct.
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Now there are only two possible outcomes either the prediction will be correct, or it will be incorrect
∴ Probability that the prediction will be incorrect
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(∵ the total probability of all events is always 1)
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