Find the Probability Indicated Using the Information Given $\cap$ E₂) = 0

question 79

Multiple Choice

Find the probability indicated using the information given. Given P(E₁) = 0.5, P(E₂) = 0.3, and P(E₁ $\cap$ E₂) = 0.1, compute P(E₁ $\cup$ E₂) .

• A) 0.9
• B) 0.8
• C) 0.7
• D) 0.2

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Definitions:

Federally-Run Program

A government program directly overseen and administered by a federal agency or department.

Tax Expenditure

describes government losses in tax revenue due to deductions, exemptions, and credits allowed to taxpayers, which can be seen as a form of government spending through the tax code.

Home Mortgage

A loan given by a bank or lender to help finance the purchase of a home, secured by the property itself.

Periodic Adjustment

The regular alteration or correction of something, such as a financial rate, policy, or procedural framework, to ensure effectiveness or to respond to a changing environment.