If a and B Are Mutually Exclusive Events with P(A)=

question 37

Multiple Choice

If A and B are mutually exclusive events with P(A) = 0.30 and P(B) = 0.40,then P(A or B) is:

• A)0.10
• B)0.12
• C)0.70
• D)None of these choices

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Definitions:

Retailers

Businesses that sell goods directly to consumers through various channels, including stores, online platforms, and through mail.

Retailing

The process of selling consumer goods or services directly to customers through multiple channels of distribution in order to earn a profit.

Business Activities

The tasks and actions that companies undertake to provide goods or services, generate revenue, and achieve their objectives.

Consumers

Individuals or organizations that use economic services or goods.