Math Problem Statement

(a)  If we have 2 events, A and B, that are mutually exclusive and we also know that P(A) = 0.40 and P(B) = 0.50. Find

(i)                 P(AUB)?

(ii)              P(AՌB)?

(iii)            P(A│B)?

Solution

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Math Problem Analysis

Mathematical Concepts

Probability Theory
Conditional Probability
Mutually Exclusive Events

Formulas

Probability of Union: P(A ∪ B) = P(A) + P(B)
Conditional Probability: P(A | B) = P(A ∩ B) / P(B)

Theorems

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Suitable Grade Level

Undergraduate