Which of the Following Statements Is Not True

question 21

Multiple Choice

Which of the following statements is not true?

• A) If the probability of an event occurring is 0, then it is impossible for that event to occur…
• B) If P(A) = 0, then the probability of the complement of A is 1.
• C) If the probability of an event occurring is 1.5, then it is certain that event will occur.
• D) Probability can never be a negative value.

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Definitions:

Formula

A mathematical relationship or rule expressed in symbols, often used to solve problems or to define scientific laws and principles.

Market Value

The existing rate at which a service or asset might be sold or acquired in the market.

Interest Rate

The share of a loan attributed as interest to the borrower, commonly expressed as an annual rate of the outstanding loan amount.

Present Discounted Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.