Problem Solving (PS) | Re: If the probability is 0.7 that event X will occur and 0.85 that event

We can use a Venn diagram to map the information.

Question: Minimum value of \(p\) ?

To minimize \(p\), we have to maximize \(x\).

The maximum value that \(x\) can take = 0.15

Minimum value of p = 0.7 - 0.15 = 0.55.

Option B

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Statistics : Posted by gmatophobia • on 20 Sep 2023, 18:55 • Replies 1 • Views 87

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