Shannon owns two stocks: A and B. The probability that A will be profitable is 0.7. The probability that B will be profitable is 0.2. There will never arise a situation where both are profitable. What is the probability that either A or B will be profitable?

Calculus For The Life Sciences
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Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter12: Probability
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Shannon owns two stocks: A and B. The probability that A will be profitable is 0.7. The probability that B will be profitable is 0.2. There will never arise a situation where both are profitable. What is the probability that either A or B will be profitable?

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