The Probability of the Union of Two Events with Nonzero

question 70

Multiple Choice

The probability of the union of two events with nonzero probabilities

• A)cannot be less than one
• B)cannot be one
• C)cannot be less than one and cannot be one
• D)None of the other answers is correct.

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Definitions:

Treasury Note

A Treasury note is a marketable U.S. government debt security with a fixed interest rate and maturity between one and ten years.

Bid Price

The highest price that a buyer is willing to pay for a security or commodity.

Value-Weighted Index

An index in which each component is included in proportion to its market value, making larger companies account for a bigger portion of the index.

Divisor

A mathematical component used in indices to adjust the index value, catering for changes in stock splits or similar adjustments.