I have the following homework assignment that I've already finished, but am confused on whether I've gotten right/wrong, and was hoping someone could help explain so I understand the problem better.
An oil exploration company currently has two active projects, one in Asia and the other in Europe. Let A be the event that the Asian projet is successful and B be the event that the European project is successful. Suppose that A and B are independent events with P(A)=0.4 and P(B)=0.7
a.) If the Asian project is not successful, what is the probability that the European project is also not successful? Explain your reasoning.
b.) What is the probability that at least one of the two projects will be successful?
c.) Given that at least one of the two projects is successful, what is the probability that only the Asian project is successful?"
Here is what I've gotten for each part:
$$P(A \cap B) = P(A)P(B) = (.4)(.7) = .28 $$
a.) $P(B^c) = 1 - 0.7 = 0.3 $
b.) $P(A \cup B) = P(A) + P(B) - P(A \cap B) = .4 + .7 - .28 = .82$
c.) $P(A) - P(A \cap B) = .4 - .28 = .12 $ $.12/.82 = .146$
I am confused in that the two events are independent of each other and the book states that for part a the answer should be .126 instead of what I got. Am I doing these problems correctly or am I committing some error?