When We Wish to Determine the Probability That at Least

question 117

True/False

When we wish to determine the probability that at least one of several events will occur,we would use the addition rule.

---

Definitions:

Contributed Income

Financial resources received by organizations, especially non-profits, from donations, grants, or philanthropic contributions.

Financial Ratio

A quantifiable metric comparing two relevant numbers from a company's financial statements, used to assess its financial health.

Inputs and Outcomes

The resources invested in a process (inputs) and the results yielded from that process (outcomes), used to evaluate efficiency and effectiveness.

Logic Model

A systematic and visual representation of how a program or project is intended to work, including its inputs, outputs, and outcomes.