State whether the statements are True or False
The probability of an occurrence of event A is .7 and that of the occurrence of event B is .3 and the probability of occurrence of both is .4.
Given:
P(occurrence of event A) = 0.7
P(occurrence of event B) = 0.3
and P(occurrence of both) = 0.4
We know that,
P(A ⋂ B) = P(A) × P(B)
[when A and B are independent events]
⇒ P(A ⋂ B) = 0.7 × 0.3
⇒ P(A ⋂ B) = 0.21
But given that P(A ⋂ B) = 0.4
Hence, the given statement is False.
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