The Probability of the Union of Two Events with Nonzero

question 45

Multiple Choice

The probability of the union of two events with nonzero probabilities _____.

• A) cannot be less than 1
• B) cannot be 1
• C) cannot be less than one and cannot be 1
• D) None of the answers is correct.

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Definitions:

Sales Increase

A rise in the number of products or services sold, often indicating a growth in a company's business activities and revenue.

Risk/Reward Tolerance

An individual's or entity’s capacity to assume risk with the expectation of receiving a corresponding return, balancing between potential gains and losses.

Venture Opportunities

Potential business concepts or markets that offer the chance for financial returns through the creation or expansion of enterprises.

Personal Criterion

An individual standard or principle used to judge or decide something.