Solve the problem

a. Let P(A) be the probability that a particular US firm will be acquired by a

Japanese firm. Let P(B) be the probability that this US firm will increase

its debt. Suppose that P(A)=0.4, P(B)=0.5, and P(A and B)=0.3.

Determine P(A or B), P(A/B), and P(B/A).

b. Suppose that A and B are mutually exclusive events, find P(A and B) and

P(A or B) if P(A)=0.4 and P(B)=0.2.

c. Suppose that A and B are independent events, find P(A’ and B’) and P(A’

or B’) if P(A)=0.5 and P(B)=0.1.

Note that A’ stands for the complement of A where A is an event

## Solve the problem a. Let P(A) be the probability that a particular US firm will be acquired by a Japanese firm. Let P(B) be the probability that this US firm will increase its debt. Suppose that P(A)=0.4, P(B)=0.5, and P(A and B)=0.3. Determine P(A or B), P(A/B), and P(B/A). b. Suppose that A and B are mutually exclusive events, find P(A and B) and P(A or B) if P(A)=0.4 and P(B)=0.2. c. Suppose that A and B are independent events, find P(A’ and B’) and P(A’ or B’) if P(A)=0.5 and P(B)=0.1. Note that A’ stands for the complement of A where A is an even

Tired of numerous paper assignments?

Rely on us and receive professional paper writing assistance!