Two Events Are Considered Mutually Exclusive If the Probability of One

question 44

True/False

Two events are considered mutually exclusive if the probability of one event does not influence the probability of a second event.

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Definitions:

Contract Of Sales

A legal agreement between a buyer and a seller for the exchange of goods, services, or property for payment or promise of payment.

Merchant

An individual or business engaged in the selling of goods, especially on a large scale or with specialized knowledge.

Occupation

A person's principal job or business, especially as a means of earning a living.

Usage Of Trade

Established customs and practices in a particular industry that are considered to be an understood part of business agreements.