62) Let $A , B$ And $C$ Be Independent Events With $P ( A ) = 0.6 , P ( B ) = 0.3$

question 21

Multiple Choice

62) Let $A , B$ and $C$ be independent events with $P ( A ) = 0.6 , P ( B ) = 0.3$ , and $P ( C ) = 0.2$ . Find $P ( A$ and $B$ and $C$ ) .

• A) \(0.18\)
• B) \(0.036\)
• C) \(0.9\)
• D) \(0.033\)

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Definitions:

Tenancy In Common

A form of real estate ownership where two or more individuals possess property simultaneously, with each holding an undivided interest in the property.

Joint Tenancy

A legal arrangement where two or more individuals hold property jointly, with equal rights and privileges.

Tenancy By The Entirety

A form of joint property ownership available only to married couples, where each owns the entire property, and upon one's death, the survivor automatically owns the property outright.

Life Tenant

A person who has the right to use and benefit from property during their lifetime but cannot bequeath it, as the property reverts to another on their death.