Suppose that you believe that the probability you will get a grade of B or better in Introduction to Finance is .6 and the probability that you will get a grade of B or better in Introduction to Accounting is .5. If these events are independent, what is the probability that you will receive a grade of B or better in both courses?
A) 0.300
B) 0.833
C) 0.600
D) 0.500
E) 0.800
Correct Answer:
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