Answer:
We know that P(AB) = P(A) + P(B) - P(A∪B), where P(A∪B) represents the probability that at least one of the events A or B will occur.
To calculate P(A∪B), we can use the formula P(A∪B) = P(A) + P(B) - P(AB), which follows from the addition rule of probability.
Substituting with the given values, we have:
P(A∪B) = P(A) + P(B) - P(AB)
P(A∪B) = 3/4 + 1/2 - 7/8
P(A∪B) = 6/8 + 4/8 - 7/8
P(A∪B) = 3/8
Now, we can calculate P(AB) using the first formula:
P(AB) = P(A) + P(B) - P(A∪B)
P(AB) = 3/4 + 1/2 - 3/8
P(AB) = 6/8 + 4/8 - 3/8
P(AB) = 7/8
Therefore, the correct answer is option b) 7/8.
Explanation: