Decide Whether Events a and B Are Overlapping or Non-Overlapping

question 14

Multiple Choice

Decide whether events A and B are overlapping or non-overlapping.
-A person is selected at random from a group of doctors. Event A is that the person selected is a woman. Event B is that the person selected is a surgeon.

• A)Overlapping
• B)Non-overlapping

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Definitions:

SIMPLE Plan

A Savings Incentive Match Plan for Employees that allows employees and employers to contribute to traditional IRAs set up for employees, intended for small businesses.

Tax-deferred Plans

Investment accounts, such as 401(k)s or IRAs, where contributions are tax-deductible and taxes on earnings are delayed until withdrawal.

Distribution

The payment of dividends, capital gains, or other earnings from an investment to its shareholders or partners.

Keogh Deduction

A tax deduction available to self-employed individuals or unincorporated businesses for retirement plan contributions.