Workopolis

question 44

Multiple Choice

Workopolis.com is an example of what kind of brokerage model?

• A) buy/sell fulfillment sites
• B) search agents
• C) reverse auctions
• D) metamediaries
• E) classifieds

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Definitions:

Mutually Exclusive

Two events that cannot occur simultaneously, meaning the occurrence of one event excludes the possibility of the other.

P(A)

The probability of event A occurring, in the context of all possible outcomes.

P(B)

The probability of event B occurring in a statistical experiment.

Independent Events

Two events that have no influence on each other's occurrence, meaning the probability of one does not affect the other.