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:

Polluting Activity

Any activity by individuals, companies, or organizations that introduces contaminants into the environment, causing pollution and harm to ecosystems.

Corrective Taxes

Taxes designed to influence market outcomes by correcting for the effects of externalities, encouraging or discouraging certain behaviors.

Regulations

Rules or directives made and maintained by an authority to regulate behavior, often in professional settings, industries, or governmental areas.

Optimal Level

The most efficient, effective, or desirable point or degree for a specific outcome.