Given two events X,Y
with P(X)= 4/8
and P(Y)=2/4
1.What is the smallest possible value of P (X ∩ Y)?
2 What is the largest possible value, that is, find x and y
such that,
x≤ P( X ∩ Y ) ≤ y, holds and any value in the closed interval [x,y] is possible
It is given that .
We have
Thus,
1) Therefore, is minimum when .
Thus the minimum possible value of is
2) We have
Thus the maximum possible value of is the maximum of and . Thus
Thus, .
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