14. what is compound probability? the probability that two dependent events will both occur. the probability…

Brief Explanations:

Compound probability can refer to the probability of two independent events both occurring (using multiplication rule for independent events: $P(A\cap B)=P(A)\times P(B)$) or two dependent events both occurring (using $P(A\cap B)=P(A)\times P(B|A)$ where $P(B|A)$ is the conditional - probability of $B$ given $A$). The most general definition among the options is the probability that two independent events will both occur.

Answer:

The probability that two independent events will both occur.