Regarding the Rules of Probability, Which of the Following Statements

question 17

Multiple Choice

Regarding the rules of probability, which of the following statements is correct?

• A)If A and B are independent events, then P(B) = P(A)P(B).
• B)The sum of two mutually exclusive events is one.
• C)The probability of A and its complement will sum to one.
• D)If event A occurs, then its complement will also occur.

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Definitions:

United Nations Convention

An international treaty agreed upon by member states of the United Nations, aimed at setting out specific legal standards and norms.

Article 2(A)

A specific portion of the UCC that deals with leases of personal property.

Lease Contracts

Legal documents outlining the terms under which one party agrees to rent property owned by another party, specifying duration, payment schedules, and other conditions.

UCC

An all-encompassing series of legal guidelines for managing commercial transactions in the United States is provided by the Uniform Commercial Code.