Solved

Given P (A)= 0 $\cap$ B)= 005Which of the Following Is True?
A)A and B Are

question 1

Multiple Choice

Given P (A) = 0.45, P (B) = 0.30, P (A $\cap$ B) = 0.05.Which of the following is true?

Definitions:

Broker

An individual or firm that acts as an intermediary between buyers and sellers, typically in financial transactions, real estate, or insurance.

Assumes a Risk

A legal doctrine where an individual knowingly exposes themselves to a hazard or danger and is considered to have consented to the risk involved.

Insurer

A company or entity that provides insurance policies to protect individuals or organizations against financial loss or damage.

Premium

A sum paid periodically to the insurer by the insured for covering their risk.