Final answer:
The probability of either event A or B occurring, P (A ∪ B), is calculated by summing the probabilities of A and B and then subtracting the probability of A and B occurring together. In this case, P (A ∪ B) equals 0.94.
Step-by-step explanation:
To find the probability of either event A or event B occurring (denoted as P (A ∪ B)), we use the formula:
P (A ∪ B) = P(A) + P(B) − P (A ∩ B)
Given P(A) = 0.38, P(B) = 0.83, and P (A ∩ B) = 0.27, we can calculate:
P (A ∪ B) = 0.38 + 0.83 − 0.27 = 0.94
Therefore, the correct answer is 0.94.