Given that events A and B are independent with P(A)=0.79 and P(B)=0.6, determine the value of P(A and B), rounding to the nearest thousandth, if necessary.Answer:
Q. Given that events A and B are independent with P(A)=0.79 and P(B)=0.6, determine the value of P(A and B), rounding to the nearest thousandth, if necessary.Answer:
Understand independent events: Understand the concept of independent events. For two independent events A and B, the probability of both events occurring is the product of their individual probabilities. This is expressed as P(A and B)=P(A)×P(B).
Calculate P(A and B): Use the given probabilities to calculate P(A and B). We are given P(A)=0.79 and P(B)=0.6. To find P(A and B), we multiply these probabilities together. P(A and B)=P(A)×P(B)=0.79×0.6
Perform multiplication: Perform the multiplication to find the probability of both events occurring.P(A and B)=0.79×0.6=0.474
Round the result: Round the result to the nearest thousandth if necessary.The result 0.474 is already to the nearest thousandth, so no further rounding is needed.