The correct option is 3-"Taking Chemistry" and "Taking Arabic" are mutually exclusive but not independent events.
Mutually exclusive events are events that cannot happen at the same time, meaning P(A and B) = 0. In this case, P(Taking Chemistry and Taking Arabic) = 0.15, so the events are not mutually exclusive.
Independent events are events where the occurrence of one event does not affect the occurrence of another event, meaning P(A and B) = P(A) * P(B). In this case, P(Taking Chemistry and Taking Arabic) ≠ P(Taking Chemistry) * P(Taking Arabic) = 0.40 * 0.55 = 0.22, so the events are not independent.