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Suppose That A1, A2, and B Are Events Where A1

question 9

Multiple Choice

Suppose that A1, A2, and B are events where A1 and A2 are mutually exclusive events and P(A1) = .7, P(A2) = .3, P(B│A1) = .2, P(B│A2) = .4. Find P(B) .

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Definitions:

Post-secondary Education

Education that takes place after high school, including college, university, and vocational training.

Trust Fund

A fund comprised of assets, such as stocks, bonds, property, or cash, held in a trust and managed by a trustee for the benefit of someone else.

Monthly Payments

Regular amounts paid monthly to amortize a debt or loan over a set period.

Monthly Payment

A fixed amount of money paid each month for a loan or mortgage over a set term.

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