The events X and Y are mutually exclusive. Suppose P(X)= 0.24 and P(Y) = 0.21. a. What is the probability of either X or Y occurring? (Round your answer to 2 decimal places.) Probability b. What is the probability that neither X nor Y will happen? (Round your answer to 2 decimal places.) Probability

MATLAB: An Introduction with Applications
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**Probability Exercise: Mutually Exclusive Events**

The events \( X \) and \( Y \) are mutually exclusive. Suppose \( P(X) = 0.24 \) and \( P(Y) = 0.21 \).

**a.** What is the probability of either \( X \) or \( Y \) occurring? *(Round your answer to 2 decimal places.)*

- **Probability**: [Insert answer here]

**b.** What is the probability that neither \( X \) nor \( Y \) will happen? *(Round your answer to 2 decimal places.)*

- **Probability**: [Insert answer here]
Transcribed Image Text:**Probability Exercise: Mutually Exclusive Events** The events \( X \) and \( Y \) are mutually exclusive. Suppose \( P(X) = 0.24 \) and \( P(Y) = 0.21 \). **a.** What is the probability of either \( X \) or \( Y \) occurring? *(Round your answer to 2 decimal places.)* - **Probability**: [Insert answer here] **b.** What is the probability that neither \( X \) nor \( Y \) will happen? *(Round your answer to 2 decimal places.)* - **Probability**: [Insert answer here]
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