Manag., July-2018 – Q43

0. The following are two statements relating to the theory of probability. Indicate the statements being correct or incorrect.
Statement (I): The probability of the joint occurrence of independent events A and B is equal to the probability of A multiplied by the probability of B or vice versa.
Statement (II): The probability of the joint occurrence of independent event A and dependent event B is equal to the probability of event A multiplied by the conditional probability of B when A has occurred or vice versa.

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