We are considering a random experiment involving rolling a single fair die. The possible outcomes (sample space) are:
$S = {1, 2, 3, 4, 5, 6}$
The total number of possible outcomes is $6$.
Let's define the two events mentioned in the question:
We need to find the probability of Event A OR Event B occurring, which is represented as $P(A \cup B)$.
The formula for the probability of the union of two events is:
$ P(A \cup B) = P(A) + P(B) - P(A \cap B) $
First, let's calculate the individual probabilities:
$ P(A) = \frac{\text{Number of odd outcomes}}{\text{Total outcomes}} = \frac{3}{6} = \frac{1}{2} $
$ P(B) = \frac{\text{Number of outcomes < 4}}{\text{Total outcomes}} = \frac{3}{6} = \frac{1}{2} $
Next, we need to find the intersection of A and B ($A \cap B$), which means the outcomes that are BOTH odd AND less than 4.
$ P(A \cap B) = \frac{\text{Number of outcomes in A and B}}{\text{Total outcomes}} = \frac{2}{6} = \frac{1}{3} $
Now, substitute these values into the union formula:
$ P(A \cup B) = P(A) + P(B) - P(A \cap B) $
$ P(A \cup B) = \frac{1}{2} + \frac{1}{2} - \frac{1}{3} $
$ P(A \cup B) = 1 - \frac{1}{3} = \frac{2}{3} $
To round the probability to two decimal places, we convert the fraction to a decimal:
$ \frac{2}{3} \approx 0.6666... $
Rounding to two decimal places gives $0.67$.
The calculated probability $0.67$ falls within the range specified (between 0.66 and 0.67).
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