Question: The probability that a student has a Visa card is .65. The probability that a student has a Mastercard is .20. The probability that a

The probability that a student has a Visa card is .65. The probability that a student has a Mastercard is .20. The probability that a student has both cards is .13.

What is the probability that a student has either a Visa or Mastercard. (round to 2 decimal places)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Consider randomly selecting a student at a large university, and let A be the event that the selected student has a Visa card and B be the analogous event for MasterCard. Suppose that P(A) = .6 and...

The probability that a student has a Visa card (event V) is .73. The probability that a student has a MasterCard (event M) is .18. The probability that a student has both cards is .03. (a) Find the...

In a certain city, 30% of the families have a MasterCard, 20% have an American Express card, and 25% have a Visa card. Eight percent of the families have both a MasterCard and an American Express...

Return to the credit card scenario of Exercise 12 (Section 2.2), and let C be the event that the selected student has an American Express card. In addition to P(A) = .6, P(B) = .4, and P(A B) = .3,...

In a certain city, 30% of the families have a MasterCard, 20% have an American Express card, and 25% have a Visa card. Eight percent of the families have both a MasterCard and an American Express...

PLEASE DO THE FOLLOWING NUMBER P.387#10,16,20,22,24 with explanation and answer Section 8.4 Probability 387 7. Dice A pair of well-balanced dice is tossed. Find the 20. Jelly Bean Selection Two bags...

Of the 10,000 students at a certain university, 7000 have Visa cards, 6000 have MasterCards, and 5000 have both. Suppose that a student is randomly selected. a. What is the probability that the...

Please help me with this case study, I need answers to questions 1- 10 Cindy Wilson Cindy Wilson was referred to you by one of your best clients. She is stressed about her financial situation and is...

Visa Card USA studied how frequently young consumers, ages 18 to 24, use plastic (debit and credit) cards in making purchases (Associated Press, January 16, 2006). The results of the study provided...

I already answered the questions I just want to check my work so can you answer the questions and show your work 2 1. Suppose a jar contains 17 red marbles and 32 blue marbles. If you reach in the...

Company XYZ made total contribution margin of $700,000 and a net income of $100,000. The company also made a total gross margin of $510,000. Assume that the variable selling and administrative...

During October, 10,000 direct labor hours were worked at a standard cost of $10 per hour. If the direct labor rate variance forOctober was $4,000 favorable, the actual cost per direct labor hour must...

The differences in cellular respiration rates between sun-adapted and shade-adapted leaves reflect their adaptations to their respective environments [1]. Sun-adapted plants, with their higher...

Oust the Turtle Company has the following balances on December 31, 2020: Cash on hand 4,500.00 Cash in bank A 33,000.00 Cash in bank X 50,000.00 Cash in bank C 822,999.72 Cash on hand includes $ 3....