If Two Events Are Collectively Exhaustive,what Is the Probability That

question 84

Multiple Choice

If two events are collectively exhaustive,what is the probability that one or the other occurs?

• A)0.25
• B)0.50
• C)1.00
• D)This cannot be determined from the information given.

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Definitions:

Cash Flows

The total amount of money being transferred into and out of a business, affecting the company's liquidity.

Internal Rate

The rate of return that makes the net present value (NPV) of all cash flows from a particular project equal to zero, often used in capital budgeting to assess potential investments.

Cash Flows

The entire sum of money flowing in and out of an enterprise, notably affecting its ability to meet short-term obligations.

IRR

Internal Rate of Return; a financial metric used to estimate the profitability of potential investments.