Question

In: Economics

10. Two mutually exclusive events having positive probabilities are ______________ dependent. A. Always B. Sometimes C....

10. Two mutually exclusive events having positive probabilities are ______________ dependent.
A. Always
B. Sometimes
C. Never

11. If two events are independent, we can _____ their probabilities to determine the probability of Intersection.
A. Divide
B. Add
C. Multiply
D. Subtract

12. Events that have no sample space outcomes in common and therefore, cannot occur simultaneously are:
A. Independent
B. Mutually Exclusive
C. Intersections
D. Unions

Solutions

Expert Solution

10. A. Always

Mutually exclusive events with positive probabilities means that events or outcomes of events cannot occur at same time therefore it means that they are always dependent on each other.

11. C. Multiply

To find Probability of intersection and events are also independent, then probability of one event is inside another events means intersection and due to this way of finding probability is insider and intersection we need to multiply probabilities of both independent events.

12. B. Mutually Exclusive

Any events which cannot occur simultaneously is always Mutually Exclusive and dependent.


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