If P(A)=0.5, P(B)=0.4, and A and B are independent, P(A∩B) is: MCQ with Answer and Explanation

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If P(A)=0.5, P(B)=0.4, and A and B are independent, P(A∩B) is:

A. 0.9

B. 0.2

C. 0.1

D. 0.5

Answer: Option B

Solution (By JKExamLibrary)

For independent events, P(A∩B) = P(A) × P(B) = 0.5 × 0.4 = 0.2.

This question belongs to: Accountancy and Statistics Statistics

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