Probability Question 206

Question: In a certain population 10% of the people are rich, 5% are famous and 3% are rich and famous. The probability that a person picked at random from the population is either famous or rich but not both, is equal to

[UPSEAT 2004]

Options:

A) 0. 07

B) 0.08

C) 0. 09

D) 0. 12

Show Answer

Answer:

Correct Answer: C

Solution:

Here, $ P(R)=\frac{10}{100}=0.1 $ , $ P(F)=\frac{5}{100}=0.05 $

$ P(F\cap R)=\frac{3}{100}=0.03 $

Required probability = $ P(R)+P(F)-2P(F\cap R) $ = 0.1 + 0.05 ? 2(0.03) = 0.09.