Concept:
Two events are mutually exclusive if they cannot occur at the same time. Another word that means mutually exclusive is disjoint, that is, P(A ∩ B) = 0
Also P(S) = 1
Calculation
P (A ∪ B) = P(A)+P(B)+P(A∩B)
1 = P(A)+P(B)+ 0
∴ P(A) + P (B) = 1
Let P(A) = x ∴ P(B) = 1 – x
F(x) = P(A).P(B) = x (1 – x)
F(x) = x – x2
F’(x) = 1 – 2x
F’’(x) = -2 < 0
∴ F’(x) = 1 – 2x = 0 (gives max value of x)
1 – 2x = 0
∴ x = ½
P(A) = ½ and P(B) = 1 – x = 1 – ½ = ½
P(A).P(B) = ½ × ½ = ¼ = 0.25
The maximum value of P(A)P(B) is 0.25.
Important Point:
When sum is a constant, product of two numbers becomes maximum when they are equal.
∴ P(A) + P (B) = 1
P(A) = P(B) = ½