When the Events Within a Set Are Both Mutually Exclusive

question 26

True/False

When the events within a set are both mutually exclusive and exhaustive,the sum of their probabilities is 1.0.

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Definitions:

Eligible Foster Child

A child placed in an individual's home by an authorized placement agency or by judgment, decree, or other order of any court of competent jurisdiction.

Refundable Credit

A tax credit that can reduce your tax liability below zero, allowing the excess amount to be refunded to you.

Foreign Tax Credit

A non-refundable tax credit for income taxes paid to a foreign government as a result of foreign income tax withholdings.

Earned Income Credit

A refundable tax credit for low- to moderate-income working individuals and families, particularly those with children.