alleryEvents $A$ and $B$ are independent. If $P(A)=0.3$ and $P(B)=0.5$, what is $P(A\cap B)$?
A$0.8$
B$0.15$
C$0.2$
D$0.35$
Answer & Solution
Correct answer: B. $0.15$
For independent events, occurrence of one does not affect the other, so $P(A\cap B)=P(A)P(B)=0.3\times 0.5=0.15$.
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