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Use the figure below to answer the following question.
Figure 1A.4.4
-Consider the following information on cola sales by number of cases for a typical university residence floor: Temp. Price (dollars per case)
Cola sales and temperature are
Mutually Exclusive Events
Two events that cannot occur at the same time within the same experiment or observation.
Independent Events
Two or more events that have no influence on each other's occurrence, meaning the occurrence of one event does not affect the probability of the other.
Intersection
In mathematics, it refers to the set of elements common to two or more sets.
Posterior Probabilities
Probabilities that are updated or revised after taking into account new evidence or information.
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