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

question 11

Essay

Is it possible to have two events for which P(A) = 0.40, P(B) = 0.50, and P(A \cup B) = 0.20? Explain.


Definitions:

Common Stock

A type of equity investment representing ownership in a corporation, with holders entitled to vote on corporate issues and receive dividends.

Discretionary

Refers to expenses or investments that are not essential for the operation of a home or business and can be reduced or eliminated if necessary.

Dividends

Disbursements from a corporation to its shareholders, typically originating from the firm's earnings.

Companies

Legal entities organized under state or national laws, typically formed to conduct business activities and generate profit for their owners or shareholders.

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