If a and B Are Mutually Exclusive $P ( A ) = 0.4$

question 145

Short Answer

If A and B are mutually exclusive, $P ( A ) = 0.4$ , and $P ( B ) = 0.2$ , find $P ( A \cup B ) ^ { \prime }$ .
​ $P ( A \cup B ) ^ { \prime } =$ __________

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Definitions:

Utility

A measure of satisfaction or happiness that consumers derive from consuming goods and services.

Train Tickets

Tickets that grant the holder the right to travel on a train service, typically specifying the journey details.

Diminishing Marginal Utility

Diminishing Marginal Utility is an economic concept stating that as a person consumes more of a good or service, the satisfaction (utility) gained from consuming each additional unit decreases.

Total Utility

The total satisfaction or benefit that a person receives from consuming a given total quantity of a good or service.