Is It Possible to Have Two Events for Which P(A)=

question 72

Essay

Is it possible to have two events for which P(A)= 0.40,P(B)= 0.50,and P(A or B)= 0.30? Explain.

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Definitions:

Cash Dividends

Distributions from a company to its shareholders, representing a share of the firm's profits.

Dividend Revenue

Income received from owning shares in a company when the company distributes some of its earnings to shareholders.

Debt Investments-HTM

Debt Investments-HTM (Held-to-Maturity) are debt securities a company intends and is able to hold until they mature, recorded at amortized cost.

Bonds Payable

Long-term liabilities representing money a company owes to holders of its bonds, which must be repaid at a future date.