For three events $A, B$ and $C$,$P(\text{Exactly one of } A \text{ or } B \text{ occurs}) = P(\text{Exactly one of } B \text{ or } C \text{ occurs}) = P(\text{Exactly one of } C \text{ or } A \text{ occurs}) = \frac{1}{4}$ and $P(\text{All the three events occur simultaneously}) = \frac{1}{16}$. Then the probability that at least one of the events occurs is:

  • A
    $\frac{3}{16}$
  • B
    $\frac{7}{32}$
  • C
    $\frac{7}{16}$
  • D
    $\frac{7}{64}$

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