Consider two events $A$ and $B$ with the following given conditions:
$$P(A)=0.4\quad\textrm{and}\quad P(B)=0.7$$
The maximum and minimum value of $P(A\cap B)$ are?
Note: $P(X)$ denotes probability of occurrence of event $X$ and the other symbols have their usual meanings as in set theory.
Best Answer
Venn diagram might prove useful here: