Determine Whether the Given Events a and B Are Independent

question 238

Short Answer

Determine whether the given events A and B are independent, mutually exclusive, or neither.
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A: Your new skateboard design is a success.
B: Your new skateboard design is a failure.

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Definitions:

Legal Market

A marketplace in which transactions are regulated by laws and monitored by the government to ensure fairness and compliance.

Human Organs

Biological components of the human body that perform specific functions necessary for life.

Market Demand

The total demand for a product or service within a market, reflecting the combined desires and purchasing power of consumers.

Market Supply

The total quantity of a good or service that producers are willing and able to sell at a given price in a given period.