Which of the Following Describes the Product Law

question 22

Multiple Choice

Which of the following describes the product law?

• A)The probability of two or more independent events occurring simultaneously is equal to the product of their individual probabilities.
• B)The probabilities of two events occurring in a specific sequence are the product of their individual probabilities squared.
• C)The probably of two linked events occurring simultaneously is equal to the probabilities of each individual event.
• D)The probability of two or more independent events occurring simultaneously is equal to the sum of their individual probabilities.
• E)The product of the sum of the probabilities of two simultaneous events describes the ability of those two events to occur together.

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Definitions:

Minority-owned Business

A business that is majority-owned by individuals from certain minority racial or ethnic groups, often recognized for purposes of certification and government contracting.

Technology Investment

The allocation of funds into technological assets or ventures to drive innovation and gain competitive advantages.

Small Business

Has fewer than 20 employees, is independently owned and operated, and is normally one of many competitors in its industry.

Virgin Airlines

An airline company founded by Sir Richard Branson, part of the Virgin Group, known for its innovative services and emphasis on customer experience.