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Question

Statistics for Economics Question on Probability theory

Let 𝑀 and 𝑁 be events defined on the sample space 𝑆. If 𝑃(𝑀) = 13\frac{1}{3} and 𝑃(𝑁𝑐 ) = 14\frac{1}{4} then which one of the following is necessarily CORRECT?

A

M and N are disjoint

B

M and N are not disjoint

C

M and N are independent

D

M and N are not independent

Answer

M and N are not disjoint

Explanation

Solution

The correct option is (B): M and N are not disjoint