If Two Events Are Independent,what Is the Probability That They

question 150

Multiple Choice

If two events are independent,what is the probability that they both occur?

• A)0.
• B)0.50.
• C)1.00.
• D)Cannot be determined from the information given.

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Definitions:

Type II Error

The error occurs when the null hypothesis is not rejected when it is actually false.

Null Hypothesis

The null hypothesis is a statement in statistical inference that suggests there is no significant effect or no difference, serving as the default assumption to be tested.

Type I Error

The mistake of rejecting the null hypothesis when it is actually true, commonly referred to as a "false positive".

Beta

A symbol often representing the type II error rate in hypothesis testing, or a measure of risk exposure in finance.