Two independent events A and B have probabilities 0.4 and 0.5. The probability that exactly one of them occurs is: MCQ with Answer and Explanation

Two independent events A and B have probabilities 0.4 and 0.5. The probability that exactly one of them occurs is:
A. 0.2
B. 0.7
C. 0.5
D. 0.9
Answer: Option C
Solution (By JKExamLibrary)
P(Exactly one) = P(A) + P(B) - 2*P(A ∩ B) = 0.4 + 0.5 - 2*(0.4*0.5) = 0.9 - 0.4 = 0.5.

This question belongs to: Accountancy and Statistics Statistics

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