Which Rule of Probability States That for Two Mutually Exclusive

question 17

Multiple Choice

Which rule of probability states that for two mutually exclusive events the probability of each event occurring is equal to the product of their separate probabilities?

• A) bounding rule of probabilities
• B) restricted addition rule of probabilities
• C) general addition rule of probabilities
• D) restricted multiplication rule of probabilities

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Definitions:

Purchasing Power

An individual's or entity's ability to buy goods and services, affected by inflation and personal financial situation.

Hourly Rate

The sum of money received or given out for every hour worked.

Toxic Waste Discharge

The release of harmful pollutants into the environment, usually from industrial operations.

Stringent Restrictions

Strict or severe limitations or rules that must be followed.