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:

Security Interest

A legal claim or lien on collateral that secures the payment or performance of an obligation.

Secured Transactions

Financial transactions in which the borrower pledges collateral to ensure repayment of a loan.

Credit

A financial term denoting an arrangement where goods, services, or money is received with the promise of future payment.

Sellers

Individuals or entities engaged in providing goods or services to buyers in exchange for payment.