Independent Events a and B Would Be Consistent with Which

question 74

Multiple Choice

Independent events A and B would be consistent with which of the following statements:

• A)P(A) = .3, P(B) = .5, P(A∩B) = .4.
• B)P(A) = .4, P(B) = .5, P(A∩B) = .2.
• C)P(A) = .5, P(B) = .4, P(A∩B) = .3.
• D)P(A) = .4, P(B) = .3, P(A∩B) = .5.

Identify and understand the impact of personal and external events on life decisions and changes.

Recognize the importance and impact of education in career shifts and personal development.

Understand the emotional and financial implications of job loss.

Analyze and reinterpret life challenges as opportunities for growth and change.

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Definitions:

Gross Profit Method

An inventory valuation method used to estimate the cost of goods sold and ending inventory levels by applying a gross profit margin to sales.

Gross Profit Ratio

The gross profit ratio is a financial metric that measures the proportion of money left over from revenues after accounting for the cost of goods sold (COGS), expressed as a percentage.

Estimated Cost

An approximation of the cost or expenditure associated with an activity, project, product, or service, made in the absence of precise information.

Gross Profit Ratio

A financial metric expressing the gross profit as a percentage of net sales, indicating the efficiency of production or service delivery.