Suppose pa 0138 pb 0261 and the probability that a, Basic Statistics

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Suppose pa 0138 pb 0261 and the probability that a

Education and income

Call a household prosperous if its income exceeds $100,000. Call the household educated if the householder completed college. Select an American household at random, and let A be the event that the selected household is prosperous and B the event that it is educated.

Suppose P(A) = 0.138, P(B) = 0.261, and the probability that a household is both prosperous and educated is P(A and B) = 0.082. What is the probability P(A or B) that the household selected is either prosperous or educated?

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Basic Statistics: Suppose pa 0138 pb 0261 and the probability that a

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