The Probability of an Event and the Probability of Its

question 89

Multiple Choice

The probability of an event and the probability of its complement always sum to

• A)1.
• B)0.
• C)any value between 0 and 1.
• D)any positive value.

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Definitions:

Liabilities

Financial obligations or debts that a company owes to others, which need to be settled over time through the transfer of assets, provision of services, or other economic benefits.

Assets

Economic resources owned or controlled by a business or an individual, capable of producing value and used to generate income or meet obligations.

Liabilities

Financial obligations or debts that a company owes to others, which must be paid in the future, including loans, accounts payable, and mortgages.