Step 1: Recall standard elastic relations.
In the theory of elasticity, Young’s modulus, bulk modulus, and Poisson’s ratio are interrelated material properties for isotropic and homogeneous materials.
Step 2: Write the known relation.
The standard formula connecting Young’s modulus ($E$), bulk modulus ($K$), and Poisson’s ratio ($\mu$) is given by:
\[
E = 3K(1 - 2\mu)
\]
Step 3: Match with the options.
Comparing the derived relation with the given options, it directly matches option (B).
Step 4: Conclusion.
Hence, the correct relationship is $E = 3K(1 - 2\mu)$.