If Events a and B Are Mutually Exclusive,then the Probability

question 78

Multiple Choice

If events A and B are mutually exclusive,then the probability of both events occurring simultaneously is equal to

• A)0.0.
• B)0.5.
• C)1.0.
• D)any value between 0.5 and 1.0.

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Definitions:

Trading Securities

Financial securities bought and held primarily for the purpose of selling them in the near term to profit from price changes.

Balance Sheet

A report that details a company's financial status by listing its assets, liabilities, and owners' equity at a certain date, offering a foundation for calculating return rates and analyzing its financial framework.

Cost

The amount of money or resources expended to acquire an asset, produce a product, or carry out a service.

Valuation Allowance

A reserve set aside against deferred tax assets due to uncertainty regarding their realization in the future.