If Two Events a and B Are Independent,the P(A and B)=

question 6

True/False

If two events A and B are independent,the P(A and B)= P(A)+ P(B).

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Definitions:

Horizontal Analysis

A financial analysis technique that compares historical financial data over a series of reporting periods, allowing for the assessment of trends and growth patterns.

Decrease

The act or process of becoming smaller in size, amount, number, or level.

Profitability

A measure of the efficiency and financial performance of a company, indicating the ability to generate income from operations.

Accounts Receivable Turnover

This is a financial ratio that measures how effectively a company collects debts from its credit customers, indicating the number of times average accounts receivable are collected during a period.