EMPOWERgmatRichC
Hi All,
For this question, we're given the probability that A occurs (0.4), but we're not given given the probability that B occurs. We are told that they're independent events though - that's important since it effects how the math has to be done.
Since we need to know the value of B to calculate the probability that EITHER A OR B OR BOTH will occur, we can solve this problem by TESTing THE ANSWERS. We're going to work our way down the list of values in the second column until we find a number that leads to one of the answers in the first column.
The easiest way to calculate the probability of "A or B or Both" is to actually calculate 1 - (not A)(not B).
So, starting in the second column...
If....
B = 0.10
1 - (not A)(not B) = 1 - (.6)(.9) = .46
That option does NOT exist in the first column
Eliminate this answer.
B = 0.25
1 - (not A)(not B) = 1 - (.6)(.75) = .55
That option DOES EXIST in the first column
This IS the correct set of answers.
Final Answer:
GMAT assassins aren't born, they're made,
Rich
Hi Rich ,
Thanks for the solution .
Just to better grasp the concept I was wondering how to arrive at the answer " The direct way ".
Probability of At least one event can be given by P(A) + P(B) +P(A)P(B) ..... either A or B or BOTH.
However when substituting the values I am getting 0.4+0.25 + 0.4*0.25= 0.75
what exactly am I forgetting here?
should I be subtracting P(A)P(B).
Very much appreciate your help thank you.
Think about why you subtract P(A and B). The concept is parallel to the sets concept. The Probability that both occur is counted twice - once in P(A) and then in P(B). So you subtract it out once to ensure no double counting.
Now, look at what can be the value of P(A or B). It will be something more than 0.4. So try 0.5 for it.
doesn't work because 0.5 = 0.4 + 0.6*P(B) gives P(B) = .167 which is not one of the options for P(B).
Try 0.55 for P(A or B). You get P(B) = 0.25. It is there in the options.
So P(B) = 0.25 and P(A or B) = 0.55 is one of the many possible solutions.