Answer: 0.317
Step-by-step explanation:
Let A be the event that the selected household is prosperous and B the event that it is educated.
Given : P(A)=0.138, P(B)=0.261
P(A and B)=0.082
We know that for any events M and N ,
[tex]\text{P(M or N)=P(M)+P(N)-P(M or N)}[/tex]
Thus , [tex]\text{P(A or B)=P(A)+P(B)-P(A or B)}[/tex]
[tex]\text{P(A or B)}=0.138+0.261-0.082\\\\\Rightarrow\text{ P(A or B)}=0.317[/tex]
Hence, the probability P(A or B) that the household selected is either prosperous or educated = 0.317