If the Two Events Are Mutually Exclusive and Collectively Exhaustive,what

question 68

Multiple Choice

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

• A)0.00
• B)0.50
• C)1.00
• D)Cannot be determined from the information given.

---

Definitions:

Geometric Mean

The nth root of the product of n numbers, used to calculate average rates of return or growth over time by mitigating the effect of large outliers.

Closing Stock Price

The final price at which a stock is traded on a given trading day.

75th Percentile

A value below which 75% of the data points in a distribution fall, also known as the third quartile.

sample Data

Collected portions of data from a population used to infer or estimate characteristics of the entire population.