Question: Explain why for subjective probabilities associated with two independent events A and B of: Pr(A) = .5, Pr(B) = .7, Pr(A B) = .2
Explain why for subjective probabilities associated with two independent events A and B of: Pr(A) = .5, Pr(B) = .7, Pr(A ∩ B) = .2 is not coherent.
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