If P(A)=0.2,P(B)=p,P(A∪B)=0.6 and A and B are given to be independent events, find the value of p.
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Step-by-step explanation:
P(A)=0.2
P(B)=p
P(AUB)=0.6
Since A and B are independent P(A∩B)=P(A)×P(B)=0.2p
P(AUB)=P(A)+P(B)-P(A∩B)
0.6=0.2+p-0.2p
p=0.5
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