When the Sum of the Probabilities of Two Outcomes Is

question 3

Multiple Choice

When the sum of the probabilities of two outcomes is exhaustive of all possible outcomes,these outcomes are referred to as

• A) mutually exclusive.
• B) complementary.
• C) independent.
• D) conditional.

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Definitions:

Product Quality

The level of excellence of a product, measured by its durability, reliability, and performance against specified standards.

Open Innovation

A business model that encourages companies to use external as well as internal ideas and paths to market while advancing their technology.

External Collaboration

The act of partnering or working together with outside individuals or organizations to achieve common goals or complete projects.

Internal Ideas

Concepts or innovations generated within an organization or group.