An Experiment Consists of 400 Observations and Four Mutually Exclusive

question 117

Multiple Choice

An experiment consists of 400 observations and four mutually exclusive groups. If the probability of a randomly selected item being classified into any of the four groups is equal, then the expected number of items that will be classified into group 1 is ________.

• A) 25
• B) 100
• C) 125
• D) 150

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Definitions:

Disaffirm Contracts

The legal ability of one party to renounce a contract or agreement, thereby rendering it null and void.

Life Insurance

is a contract between an individual and an insurance company where the insurer agrees to pay a designated beneficiary a sum of money upon the death of the insured person.

Psychological Counseling

A form of therapy aimed at addressing mental health issues and improving an individual's emotional well-being through dialogue and various psychological techniques.

Express Ratification

The formal affirmation or approval of an act or contract, making it valid and binding.