For Two Events $A$ And $B , P ( A ) = .4 , P ( B ) = .7$

question 167

Multiple Choice

For two events, $A$ and $B , P ( A ) = .4 , P ( B ) = .7$ , and $P ( A \cap B ) = .2$ . Find $P ( A \mid B )$ .

• A) .14
• B) \(.08\)
• C) \(.29\)
• D) \(.5\)

---

Definitions:

Taxable Income

The amount of income that is used to calculate an individual's or a company's income tax due.

Personal Income Tax

A tax levied on individuals or entities based on their income or profit earned.

Taxable Income

The portion of an individual's or corporation's income upon which taxes are assessed, after allowances for deductions and exemptions.

Total Tax

The combined amount of all taxes imposed by different levels of government on individuals or businesses.