Probability
First, let's review basic probability rules.
If we have two discrete random variables that represent random phenomena A and B, then:
P(A [itex]\cup[/itex] B) = P(A) + P(B)
This says that the probability of either A or B occurring (read "A union B") is the sum of their respective probabilities. This is also the probability that at least one of them occurs.
What you had written is a little different. P(A) + P(B) - P(A [itex]\cap[/itex] B) is used to find the probability that A or B occurs, but not both. This is also the probability that exactly one of them occurs.
P(A [itex]\cap[/itex] B) = P(A)*P(B)
This says that the probability of A and B occurring (read "A intersect B") is the product of their respective probabilities.
P(A') = 1 - P(A)
This says that the probability that an event does not occur (its complement) is equal to one minus the probability that the event does occur.
Three people work independently at decoding a message. They will have decoded it as long as at least one of them decodes it. We are interested in the probability that at least one of them decodes it, represented by P(A [itex]\cup[/itex] B [itex]\cup[/itex] C). This can be calculated in more than one way.
One way to calculate P(A [itex]\cup[/itex] B [itex]\cup[/itex] C) is to consider the outcomes where at least one of them decodes it:
A only; B only; C only; A and B; A and C; B and C; A, B, and C
Sum the probabilities of these events:
P(A [itex]\cup[/itex] B [itex]\cup[/itex] C) = P(A [itex]\cap[/itex] B' [itex]\cap[/itex] C') + P(A' [itex]\cap[/itex] B [itex]\cap[/itex] C') + P(A' [itex]\cap[/itex] B' [itex]\cap[/itex] C) + P(A [itex]\cap[/itex] B [itex]\cap[/itex] C') + P(A [itex]\cap[/itex] B' [itex]\cap[/itex] C) + P(A' [itex]\cap[/itex] B [itex]\cap[/itex] C) + P(A [itex]\cap[/itex] B [itex]\cap[/itex] C)
Given P(A) = 1/6, P(B) = 1/8, and P(C) = 2/7, it follows that P(A') = 5/6, P(B') = 7/8, and P(C') = 5/7.
Applying the rule for the intersection of events, this becomes:
P(A [itex]\cup[/itex] B [itex]\cup[/itex] C) = 1/6*7/8*5/7 + 5/6*1/8*5/7 + 5/6*7/8*2/7 + 1/6*1/8*5/7 + 1/6*7/8*2/7 + 5/6*1/8*2/7 + 1/6*1/8*2/7 = 35/336 + 25/336 + 70/336 + 5/336 + 14/336 + 10/336 + 2/336 = 161/336 = 23/48
Another way to find your probability is to recognize that the probability that A or B or C occurs equals one minus the probability that not ( A or B or C ) occurs.
P(A [itex]\cup[/itex] B [itex]\cup[/itex] C) = 1 - P((A [itex]\cup[/itex] B [itex]\cup[/itex] C)')
The probability that not (A or B or C) occurs equals the probability that A does not occur, B does not occur, and C does not occur, or P(A' [itex]\cap[/itex] B' [itex]\cap[/itex] C'). Thus we have:
P(A [itex]\cup[/itex] B [itex]\cup[/itex] C) = 1 - P(A' [itex]\cap[/itex] B' [itex]\cap[/itex] C') = 1 - 5/6*7/8*5/7 = 1 - 175/336 = 161/36 = 23/48.