The probability for a contractor to get a road contract is 23 and to get a building contract is 59. The probability to get at least one contract is 45. Find the probability that he gets both the contracts
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Solution
P(A∪B)=P(A)+P(B)−P(A∩B)
Using the above relation, we can write
45=23+59−P(A∩B)
∴P(A∩B)=23+59−45
=45×2+5×15−4×27135
=90+75−108135
=57135
∴P(A∩B)=1945
The probability of him getting both the contracts is 1945