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Given 
P(A)=0.72,P(B)=0.3 and 
P(A or 
B)=0.754, find the value of 
P(A and 
B), rounding to the nearest thousandth, if necessary.
Answer:

Given P(A)=0.72,P(B)=0.3 P(A)=0.72, P(B)=0.3 and P(A P(A or B)=0.754 B)=0.754 , find the value of P(A P(A and B) B) , rounding to the nearest thousandth, if necessary.\newlineAnswer:

Full solution

Q. Given P(A)=0.72,P(B)=0.3 P(A)=0.72, P(B)=0.3 and P(A P(A or B)=0.754 B)=0.754 , find the value of P(A P(A and B) B) , rounding to the nearest thousandth, if necessary.\newlineAnswer:
  1. Formula Application: To find the probability of the intersection of two events A and B, denoted as P(A and B), we can use the formula that relates the probabilities of A, B, and their union (A or B):\newlineP(A and B)=P(A)+P(B)P(A or B) P(A \text{ and } B) = P(A) + P(B) - P(A \text{ or } B)
  2. Substitution: Now we substitute the given probabilities into the formula:\newlineP(A and B)=0.72+0.30.754 P(A \text{ and } B) = 0.72 + 0.3 - 0.754
  3. Calculation: Perform the calculation:\newlineP(A and B)=1.020.754 P(A \text{ and } B) = 1.02 - 0.754 \newlineP(A and B)=0.266 P(A \text{ and } B) = 0.266 \newlineSince we are asked to round to the nearest thousandth if necessary, our answer is already at that precision.

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