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:

Strategic Thinking

The process of analyzing critical factors and variables that will influence the long-term success of one's decisions or actions.

Equity Financing

The process of raising capital through the sale of shares in a company, providing investors with ownership interests.

Venture Capitalists

Investors who provide capital to start-ups or early-stage companies with high growth potential in exchange for equity stakes.

Debt Financing

The act of borrowing funds from external sources, such as banks, to finance an entity's operations or growth.