Answer:
[tex] P( F \cap K) =0.7+0.85 -1=0.55[/tex]
Step-by-step explanation:
For this case we can define some notation first:
F ="One person is fool "
K="One person is knave"
And we have the following probabilities given:
[tex] P(F) = 0.7 , P(K) =0.85[/tex]
And from the given condition that everyone is fool or knave we can deduce that:
[tex] P(K UF) =1[/tex]
Solution to the problem
For this case we want to find this probability:
[tex] P( F \cap K)[/tex]
And we can use the total probability rule given by:
[tex] P(K \cup F) = P(F) +P(K) -P(K \cap F)[/tex]
And replacing the values that we have we got:
[tex] 1 = 0.7+0.85 -P(K \cap F)[/tex]
And if we solve for [tex] P( F \cap K)[/tex] we got:
[tex] P( F \cap K) =0.7+0.85 -1=0.55[/tex]