Which Rule States That When Two Outcomes Are Mutually Exclusive,the

question 21

Multiple Choice

Which rule states that when two outcomes are mutually exclusive,the probability that either one of these outcomes will occur is the sum of their individual probabilities?

• A)additive rule
• B)multiplicative rule
• C)both A and B
• D)none of the above

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Definitions:

Constraint

A limitation or restriction on a process, system, or activity.

Invested Assets

Assets that are purchased or acquired for the purpose of generating income or profit.

Production Cost

The total expense incurred in manufacturing a product, including labor, materials, and overhead costs.

Selling Price

The amount for which a good or service is sold to the customer, not necessarily equal to its cost or its market value.