If P(A)= 0.25 and P(B)= 0.60,then P(A ∩B)is

question 135

Multiple Choice

If P(A) = 0.25 and P(B) = 0.60,then P(A ∩B) is:

• A)0.15
• B)0.35
• C)0.25
• D)Cannot be determined from the information given

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Definitions:

Strike Price

The set price at which an option contract can be bought or sold when it is exercised.

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a specified amount of an asset at a predetermined price within a specific time frame.