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Let P(X) = .55 and P(Y) = .35. Assume the probability that

Basic Statistics for Business and Economics | 7th Edition | ISBN: 9780077384470 | Authors: Douglas Lind; William Marchal; Samuel Wathen ISBN: 9780077384470 64

Solution for problem 18E Chapter 5

Basic Statistics for Business and Economics | 7th Edition

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Basic Statistics for Business and Economics | 7th Edition | ISBN: 9780077384470 | Authors: Douglas Lind; William Marchal; Samuel Wathen

Basic Statistics for Business and Economics | 7th Edition

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Problem 18E

Let P(X) = .55 and P(Y) = .35. Assume the probability that they both occur is .20. What is the probability of either X or Y occurring?

Step-by-Step Solution:

Step 1 of 1</p>

We have to find the probability that either X or Y occurring

Given that  

                   

The probability of both of them occurring is 0.2

That means

Now the probability...

Step 2 of 3

Chapter 5, Problem 18E is Solved
Step 3 of 3

Textbook: Basic Statistics for Business and Economics
Edition: 7
Author: Douglas Lind; William Marchal; Samuel Wathen
ISBN: 9780077384470

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Let P(X) = .55 and P(Y) = .35. Assume the probability that

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