Given That Events a and B Are Mutually Exclusive and P(A)

question 9

Multiple Choice

Given that events A and B are mutually exclusive and P(A) = 0.5 and P(B) = 0.7, are A and B independent?

• A) no
• B) yes
• C) cannot be determined

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Definitions:

Contributed Capital

Funds received by a company from selling its stock to investors, representing the investors' ownership stake in the company.

Par Value

The nominal value of a bond or stock as declared by the issuer, which may not correspond with its value on the market.

Treasury Stock

Shares of a company’s own stock that it has reacquired and holds in its treasury.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, representing the ownership interest of shareholders.