Consider randomly selecting a student at a large university, and let A bethe event that the selected student has a Visa card and B be theanalogous event for MasterCard. Suppose that P(A) = .6 and P(B) = .4.a. Could it be the case that P(A ∩ B) = .5? Why or why not?
b. From now on, suppose that P(A ∩ B) = .3. What is the probabilitythat the selected student has at least one of these two types ofcards?c. What is the probability that the selected student has neither typeof card?
d. Describe, in terms of A and B, the event that the selected studenthas a Visa card but not a MasterCard, and then calculate theprobability of this event.e. Calculate the probability that the selected student has exactlyone of the two types of cards.
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