A Study Asks a Sample of Adults Whether They Prefer

question 24

Multiple Choice

A study asks a sample of adults whether they prefer cats or dogs or neither. Only one answer is allowed. Survey also records whether male or female. Which of the following are mutually exclusive events in this study?

• A)Adult is male and adult prefers neither cats nor dogs.
• B)Adult is female and likes dogs.
• C)Adult is male and likes cats and dogs.
• D)Adult is female and prefers cats.

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Definitions:

Bond Prices

The cost or market price of a bond, which moves inversely to changes in interest rates; when rates go up, bond prices go down, and vice versa.

Money Supply

refers to the total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.

Economy Growth

An increase in the production of goods and services in an economy over time.

Open Market Operations

The purchase and sale of government bonds by a central bank as a means to regulate the economy's money supply and adjust interest rates.