If you are told that P(A) = 0.4, P(B) = 0.6, P(A and B) = 0.24, are
Fantastic news! We've Found the answer you've been seeking!
Question:
If you are told that P(A) = 0.4, P(B) = 0.6, P(A and B) = 0.24, are the events A, B independent? Show basic workings in your solution.
b) You are told that the winnings ($000s) from a Scratchie lottery ticket, has the following probability distribution:
Calculate and interpret the expected value for this. Show basic workings in your solution
Expert Answer:
Posted Date:
