If P(A)=0.65,P(B)=0.80 then P(A∩B) lies in the interval:
We have,
P(A)=0.65
P(B)=0.80
We know that
P(A∩B)≤min(P(A),P(B))
So,
P(A∩B)≤min(0.65,0.80)
P(A∩B)≤0.65
We know that,
P(A∩B)=P(A)+P(B)−P(A∪B)
But P(A∪B)≤1
Therefore,
P(A∩B)≥0.65+0.80−1
P(A∩B)≥0.45
Therefore,
0.45≤P(A∩B)≤0.65
Hence, P(A∩B) lies in [0.45,0.65].