If Two Events Are Independent, Then _____

question 47

Multiple Choice

If two events are independent, then _____.

• A) they must be mutually exclusive
• B) the sum of their probabilities must be equal to 1
• C) the probability of their intersection must be 0
• D) None of the answers is correct.

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Definitions:

Upselling

A sales technique where sellers encourage customers to purchase higher-end products, upgrades, or add-ons to generate more revenue.

Sales Transaction

The process of exchanging goods, services, or assets in return for money between a seller and buyer.

SFA

Acronym for Sales Force Automation, a system used to automate sales tasks, processes, and documentation, enhancing sales team efficiency.

CMA

Certified Management Accountant, a professional credential that signifies expertise in financial accounting and strategic management.