Assume a Soldier Is Selected at Random from the Army

question 172

Multiple Choice

Assume a soldier is selected at random from the Army. Determine whether the events A and B are independent, mutually exclusive, or neither.
A: The soldier is a colonel.
B: The soldier is a sergeant.

• A) mutually exclusive
• B) independent
• C) neither

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Definitions:

Equal Payments

Regular payments that are the same in amount over a period of time, typically referring to loans or mortgages.

Interest Annually

Interest that is calculated and paid once every year on a loan or investment.

Interest Annually

Refers to the interest that is calculated and added to an account once per year.

Final Payment

The last payment made to settle a debt, completing all required payment obligations.