Three Events Occur with Probabilities P(E1) = 0

question 12

Multiple Choice

Three events occur with probabilities P(E1) = 0.35, P(E2) = 0.15, P(E3) = 0.40. If the event B occurs, the probability becomes P(E1|B) = 0.25, P(B) = 0.30. Assume that E1, E2, and E3 are independent events. Calculate P(E1 and E2 and E3) .

• A) 0.575
• B) 0.075
• C) 0.021
• D) 0.475

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Definitions:

Interest Income

The income earned by an entity from its investments in interest-bearing financial instruments, such as bonds or savings accounts.

Interest Receipt

The amount of interest income received by an investor or lender from investments, loans, or savings.

Long-Term Investments

Investments held by a company not intended for sale in the short term and expected to deliver value over an extended period.

Interest Receipt

Interest Receipts are amounts received by an individual or a company as interest from investments, loans given, or savings.