it affects the probability of happening of the other event. Now, the probability of mutually exclusive events can add up to 1 only if the events are exhaustive, i.e. at least one of the events is true. A capital budget is the evaluation of multiple investment opportunities with the goal ...
Suppose events A and B are conditionally independent given C , show that P(A^c cap B|C) = P(B|C) - P(A|C)P(B|C) . What is the difference between independent and dependent events? Suppose that A and B are independent events such that P(bar{A}) = 0.20 an...
If P(A) = P(A|B), then events A and B are said to be: A. complementary B. mutually exclusive C. independent D. exhaustive True or false? Mutually exclusive events imply that if one event occurs, the other cannot occur. Let P(A)=0.65, P(B)=...
If event A and event B cannot occur simultaneously, then events A and B are said to be:() A. collectively exhaustive. B. statistically independent. C. mutually exclusive. 点击查看答案&解析手机看题 单项选择题 In any given year, the chance of a good year is 40 percent, an average year ...
purely based on chance. The results of a random experiment are called event. In probability, there are various types of events, as in simple, compound, mutually exclusive, exhaustive, independent, dependent, equally likely, etc. When events cannot occur at the same time, they are calledmutually...
Explain the concepts of mutually exclusive events and independent events. Can two events be both mutually exclusive and independent at the same time?If P(A) = .46 and P(B) = .17 and P(A U B) = .63, then A and B are: (a) mutually exclusive (b) collectively exhaustive (c) ...
Mutually exclusive events are events that are treated as an impossible event when they happen concurrently. Meanwhile, collectively exhaustive events are a group of events whose sets of outcomes make up the entire set of all possible outcomes....
What are the definitions of exhaustive and mutually exclusive events? Why are they important? if P A 0.6 P B 0.3 P A o r B 0.9 are A and B mutually exclusive? Explain the difference between mutually exclusive and independent events. What is the difference between disjoint and mutually exclu...
Answer to: Let A1 and A2 be mutually exclusive and exhaustive events, with P(A1)=.10 and P(A2)=.25. Let B be any event such that P(B|A1)=.50 and...
exhaustive True or false? If P(A and B) = 0, then A and B must be mutually exclusive. If A and B are any two events, then P(A AND B) less than or equal P(A OR B). True or False. What does it mean to say that two events are independent or...