Suppose That for a Certain Experiment $P ( A ) = .33 \text { and } P ( B ) = .29$

question 87

Multiple Choice

Suppose that for a certain experiment $P ( A ) = .33 \text { and } P ( B ) = .29$ . If A and B are mutually exclusive events, find P(A UB) .

• A) .31
• B) .03
• C) .62
• D) .38

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Definitions:

Bearer Instruments

Financial documents that entitle the holder or bearer to a sum of money or value stated on the document, without requiring ownership registration.

Indorsement

An act of signing a document, often found on the back of a check, to transfer rights or to authenticate.

Negotiating

The process of discussing and arriving at a mutual agreement between parties with differing needs or viewpoints.

Blank Indorsement

An indorsement that specifies no particular indorsee and can consist of a mere signature. An order instrument that is indorsed in blank becomes a bearer instrument.