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

question 30

Multiple Choice

If A and B are independent events with P(A) = .4 and P(B) = .25, then P(A ∪ B) = _____.

• A) .65
• B) .55
• C) .10
• D) Not enough information is given to answer this question.

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Definitions:

Specific Criteria

Different or particular standards or requirements that must be met for a certain condition, action, or process to be initiated or considered valid.

Recognition

The formal acknowledgment in accounting that a transaction or event affects the financial statements of a company.

Separate Incorporation

The legal process of forming a new corporation that is distinct and separate from any owners or other entities.

Subsidiary Dissolved

The process of legally dissolving a subsidiary company, which involves winding up its operations and financial affairs.