Question
Question: If (1 + 3p)/3, (1 – p)/4 and (1 – 2p)/2 are the probabilities of three mutually exclusive events, th...
If (1 + 3p)/3, (1 – p)/4 and (1 – 2p)/2 are the probabilities of three mutually exclusive events, then the set of all values of p is –
A
31 £ p £ 21
B
31 < p < 21
C
21 £ p £32
D
21 < p < 32
Answer
31 £ p £ 21
Explanation
Solution
Since 3(1+3p) ,(21−2p)are the probabilities of the three events, we must have
0 £ 31+3p £ 1, 0 £ 41−p £ 1 and 0 £ 21−2p £ 1
Ž –1 £ 3p £ 2, –3 £ p £ 1 and –1 £ 2p £ 1
Ž –21
Also as 31+3p, 41−p and are the probabilities of three mutually exclusive events
0 £ 31+3p + 41−p + 21−2p £ 1
Ž 0 £ 4 + 12p + 3 – 3p + 6 – 12p £ 12 Ž 31 £ p £ 313
Thus the required value of p are such that
Max. {−31,−3,−21,31}£ p min.{32,1,21,313}
Ž 31 £ p £ 21