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NEW QUESTION: 1
The joint probability of events A and B occurring equals 0.11. The probability of neither A nor B occurring equals 0.64. If P(A) equals 0.24, the probability of B occurring equals ________.
A. 0.29
B. 0.23
C. 0.46
D. 0.51
Answer: B
Explanation:
Explanation/Reference:
Explanation:
We are given that P(neither A nor B) = 0.64, P(A and B) = 0.11 and P(A) = 0.24. The probability of neither A nor B occurring equals one minus the probability of either A or B occurring i.e. P(neither A nor B) = 1 - P (A or B).
Thus, P(A or B) = 1 - P(neither A nor B) = 1 - 0.64 = 0.36.
Now, P(A or B) = P(A) + P(B) - P(A and B)
Therefore, P(B) = P(A or B) - P(A) + P(A and B) = 0.36 - 0.24 + 0.11 = 0.23.

NEW QUESTION: 2
What best describes the ultimate goal of having proper security management systems and processes in an organization?
A. eliminate all the security risks
B. ensure the effectiveness of the security controls
C. remove all vulnerabilities
D. protect the company assets
Answer: D

NEW QUESTION: 3
Which of the following contract types places the greatest risk on the seller?
A. Cost plus-incentive-fee contract
B. Fixed-price-incentive contract
C. Cost-plus-fixed-fee contract
D. Firm-fixed-price contract
Answer: D