Independency assumption between the events in the following cases: (a) A basketball player making her next shot irrespective of whether she made her last shot or not. (b) Higher probability of other students to score above-average marks, when one student scores above average marks. (c) The probability of defaults on a security when other securities are not dependent on each other.

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Chapter 15, Problem 8P

To determine

Independency assumption between the events in the following cases:

(a) A basketball player making her next shot irrespective of whether she made her last shot or not.

(b) Higher probability of other students to score above-average marks, when one student scores above average marks.

(c) The probability of defaults on a security when other securities are not dependent on each other.

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