If a and B Are Independent Events with P(A) =

question 10

Multiple Choice

If A and B are independent events with P(A) = .2 and P(B) = .6, then P(A ∪ B) = _____.

• A) .62
• B) .12
• C) .60
• D) .68

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Definitions:

Non-Cash Benefits

Compensation provided to employees or individuals in forms other than cash, such as health insurance, pension contributions, or housing.

Poverty Rate

The percentage of the population that lives below the nation's official poverty line, reflecting the proportion of individuals living in poverty.

Official Statistics

Quantitative data gathered and published by government agencies or other public bodies to inform analysis and decision making.

Income Distribution

The way in which a nation’s total GDP is spread amongst its population, impacting the standard of living and degree of inequality among the populace.