Given Two Events, a and B, If the Probability of a Is

question 44

True/False

Given two events, A and B, if the probability of A is 0.7, the probability of B is 0.3, and the joint probability of A and B is 0.21, then the two events are independent.

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Definitions:

Operating Policies

Guidelines and regulations formulated by an organization to govern its operational activities and decision-making.

50% Interest

Ownership interest that represents half of the equity capital or voting power in an entity or investment.

Voting Stock

Shares that give the shareholder the right to vote on corporate matters, such as electing the board of directors.

Equity Method

An accounting method used to record investments in associate companies, where the investment is initially recorded at cost and adjusted according to the investor's share of the associate's net income or loss.