Given:
[tex]P(A)=0.4, P(B)=0.7, P(A\text{ and }B)=0.3[/tex]
To find:
The value of [tex]P(A\text{ or }B)[/tex].
Solution:
We know that,
[tex]P(A\text{ and }B)=P(A\cap B)[/tex]
[tex]P(A\text{ or }B)=P(A\cup B)[/tex]
It means, we have [tex]P(A)=0.4, P(B)=0.7, P(A\cap B)=0.3[/tex] and we need to find the value of [tex]P(A\cup B)[/tex].
[tex]P(A\cup B)=P(A)+P(B)-P(A\cap B)[/tex]
[tex]P(A\cup B)=0.4+0.7-0.3[/tex]
[tex]P(A\cup B)=1.1-0.3[/tex]
[tex]P(A\cup B)=0.8[/tex]
Therefore, the value of [tex]P(A\text{ or }B)[/tex] is 0.8.