If P(A) = 0.6, P(B) = 0.3, and P(A ∩ B) = 0.18, then events A and B are: MCQ with Answer and Explanation

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If P(A) = 0.6, P(B) = 0.3, and P(A ∩ B) = 0.18, then events A and B are:

A. Dependent

B. Independent

C. Exhaustive

D. Mutually exclusive

Answer: Option B

Solution (By JKExamLibrary)

Events are independent if P(A ∩ B) = P(A) × P(B). Here, 0.6 × 0.3 = 0.18, satisfying the condition.

This question belongs to: Accountancy and Statistics Statistics

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