If the probability that Stock A will increase in value during the next month is 0.56, and the probability that Stock B will increase in value during the next month is 0.74. What is the greatest value for the probability that neither of these two events will occur?
Correct answer: B
Explanation
The probability that stock A does not increase is 0.44, and the probability that stock B does not increase is 0.26. Now, how can the probability that both do not increase be more than individual probability of not increasing for each? So the probability that both do not increase can not be more than 0.26. Basically the probability that both do not increase is between 0 and 0.26.
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AQuA-RAT items are crowdsourced algebra problems, not ACT questions. They carry five answer choices in the pre-2025 ACT Mathematics style and no ACT reporting category. Useful for drilling Preparing for Higher Math content; not a substitute for a real form.