Which of the Following Statements Is (Are)true with Regard to Probability

question 29

Multiple Choice

Which of the following statements is (are) true with regard to probability analysis?
I.If two events are independent,the occurrence of one event does not affect the occurrence of the second event.
II.If two events are dependent,the occurrence of one event affects the occurrence of the second event.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Satisfaction

A feeling of fulfillment or contentment that comes from achieving one's goals or meeting one's needs and desires.

Civilian Goods

Products and services intended for use by the general public rather than for military purposes.

Real Cost

The total cost of producing a good or service, including the opportunity cost of alternative uses of resources and inputs.

Wartime Shortages

Periods during war when there is a lack of availability of essential goods and resources due to increased demand and disrupted supply chains.