Events That Have No Sample Space Outcomes in Common,and Therefore

question 18

Multiple Choice

Events that have no sample space outcomes in common,and therefore cannot occur simultaneously,are ____________.

• A)Independent
• B)Mutually exclusive
• C)Intersections
• D)Unions

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Definitions:

Employees

Individuals who are hired by an employer to perform specific tasks or services in exchange for compensation.

Ratification

The act of formally approving an agreement or treaty, making it officially valid.

Principal

The party that an agent’s authority can bind or act on behalf of.

Agency

The fiduciary relationship that arises when one person consents to have another act on his behalf and subject to his control and the other consents to do so.