Two events A and B are such that P(A)=0.5, P(B)=0.3, P(A∩B)=0.1. They are: MCQ with Answer and Explanation

Two events A and B are such that P(A)=0.5, P(B)=0.3, P(A∩B)=0.1. They are:
A. Both mutually exclusive and independent
B. Neither mutually exclusive nor independent
C. Independent
D. Mutually exclusive
Answer: Option B
Solution (By JKExamLibrary)
P(A∩B)≠0 ⇒ not mutually exclusive. P(A)P(B)=0.15 ≠ 0.1 ⇒ not independent.

This question belongs to: Accountancy and Statistics Statistics

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