If Events a and B Are Independent, Then the Probability

question 112

Multiple Choice

If events A and B are independent, then the probability of simultaneous occurrence of event A and event B can be found with ________.

• A) P(A)·P(B)
• B) P(A)·P(B|A)
• C) P(B)·P(A|B)
• D) All of these choices are correct.

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Definitions:

Unlimited Liability

A legal structure where business owners are personally responsible for all of the company's debts, putting personal assets at risk.

Corporation

A legal entity that is separate and distinct from its owners, providing them with limited liability protection, and has the ability to enter into contracts, own assets, and pay taxes.

ACA

An abbreviation for the Affordable Care Act, a comprehensive healthcare reform law enacted in March 2010 aimed at expanding healthcare coverage, reducing costs, and improving healthcare quality.

Full-Time Employees

Workers contracted to work a standard number of hours set by their employer, typically considered to be 35-40 hours per week.