Answer:
The Probability of exactly one tag being lost, in terms of π is
![2\pi(1-\pi)-\pi^2(1-\pi)^2](https://img.qammunity.org/2020/formulas/mathematics/high-school/gy24msgi172itnol8nh8zfjuato9zhnzlu.png)
Explanation:
Using the tree diagram attached to the bottom of this answer, you can see that the probability of only one tag being lost is the union of the probability of the left tag being lost when the right one is not lost and the probability of the right tag being lost when the left one is not lost.
Probability of losing only the right tag:
![P(C2|\frac{}{C1})=P(C2)*\frac{}{P(C1)}=\pi*(1-\pi)](https://img.qammunity.org/2020/formulas/mathematics/high-school/dgvipjy8cf8iw33pmbckxco7tsjvsgon62.png)
Probabilty of losing only the left tag:
![P(C1|\frac{}{C2})=P(C1)*\frac{}{P(C2)}=\pi*(1-\pi)](https://img.qammunity.org/2020/formulas/mathematics/high-school/ugecm551tl8zrtae1kew27mzc6znrbut0h.png)
Now, to unite those two probabilities, we use basic probability properties:
∪
∩
![P(C2|\frac{}{C1}))](https://img.qammunity.org/2020/formulas/mathematics/high-school/x82jnzhm8q5veow7kbk12u6bu03rccobsl.png)
Since the events are independent:
∩
![P(C2|\frac{}{C1})=P(C1|\frac{}{C2})*P(C2|\frac{}{C1})](https://img.qammunity.org/2020/formulas/mathematics/high-school/7y1j85qq4jdavzukfacrvmbxycdlmtqbxq.png)
So, the union becomes:
∪
![P(C1|\frac{}{C2})=P(C1|\frac{}{C2})+P(C2|\frac{}{C1})-P(C1|\frac{}{C2})*P(C2|\frac{}{C1})](https://img.qammunity.org/2020/formulas/mathematics/high-school/ko1dte8t0q3ims6bd0mifc16cuh4yfv1vt.png)
Replacing:
![=\pi(1-\pi)+\pi(1-\pi)-\pi^2(1-\pi)^2=2\pi(1-\pi)-\pi^2(1-\pi)^2](https://img.qammunity.org/2020/formulas/mathematics/high-school/8etva80ffkqir4n0uhapj57eejs1rfvzyo.png)