The probability of having the independent events, Bonus and Salary both increasing next year is 0.125
Probability of salary increase, P(Salary increase) = 0.5
Probability of bonus increase, P(bonus increase) = 0.25
The probability of both increasing next year can be expressed thus :
Since the probability of each event is independent ;
P(both increasing) = P(Salary increase) × P(Bonus increase)
P(Both increasing) = 0.5 × 0.25 = 0.125
Therefore, the probability of both bonus and salary both increasing next year is 0.125
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