If the probability that the person A will be alive for 30 years is 0.7 and the probability that the person B will be alive for 30 years is 0.5, what is the probability that they both will be alive for 30 years?
In view of the fact that our events are independent of each other, we should multiply their probabilities: [tex]P(A \cap B) = P(A) * P(B) = 0,7 * 0,5 = 0,35[/tex].