Let Event a Be That There Are More Than Three

question 149

Multiple Choice

Let event A be that there are more than three defects and let event B be that there are four or fewer defects.Which of the following statements is true?

• A)P(A ∩B)= 0.18
• B)P(A∪B)=0.07
• C)Events A and B are collectively exhaustive.
• D)Events A and B are mutually exclusive.

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, resulting in a net income or loss.

Days' Sales Uncollected

Measures the average amount of time it takes a company to collect cash from credit sales.