Calculate P (A and B) in the following scenarios: a. P(A)= 0.01, P (B) =0.97; A and B are independent

If events A and B are independent, then the probability of both events occurring can be calculated by multiplying their individual probabilities.

P(A and B) = P(A) * P(B) = 0.01 * 0.97 = 0.0097

Therefore, the probability of both events A and B occurring is 0.0097.