describe probability of compound events.
In a study of the consumer's opinion of the economy the probability that a consumer would buy a house during the year was 0.013, as well as the probability that a consumer would buy a car during the year was 0.198. There was as well a 0.010 probability that a consumer would buy a house and a car during the year.
1) describe what is the probability that a consumer would buy either a car or a house or both during the year?
2) describe what is the probability that a consumer would buy a car during the year given that the consumer purchased a house during the year?