The following are the two statements relating to the theory of probability. Indicate the statements being correct or incorrect.
Statement I The probability of the joint occurrence of independent events A and B is equal to the probability of event A multiplied by the probability of event B or vice-versa.
Statement II The probability of the joint occurrence of independent event A and dependent event B is equal to the probability of event A multiplied by the conditionalprobability of event B when event A has occurredor vice-versa.
A. Both statements are correct
B. Both statements are incorrect
C. Statement I is correct while Statement II is incorrect
D. Statement I is incorrect while Statement II is correct
Answer: Option A
This Question Belongs to Management >> Business Statistics
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