If a and B Are Disjoint Events with P(A)= 0

question 107

Multiple Choice

If A and B are disjoint events with P(A) = 0.70,then P(B) :

• A)can be any value between 0 and 1
• B)can be any value between 0 and 0.70
• C)cannot be larger than 0.30
• D)cannot be determined with the information given

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Definitions:

Scarcity

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Free Lunch

An idiom expressing the idea that it is impossible to get something for nothing, disputing the possibility of receiving a benefit without providing compensation.

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The analytical approach to address economic problems, considering costs and benefits in decision making.

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