MULTIPLE CHOICE. Choose the one alternative that …

MULTIPLE choice . Choose the one alternative that best completes the statement or answers the ) If two events are mutually exclusive, what is the probability that one or the other occurs?A) 0B) ) ) cannot be determined from the information given2) If two equally likely events A and B are mutually exclusive and collectively exhaustive, what is the probabilitythat event A occurs?A) 0B) ) ) cannot be determined from the information given3) If two events are independent, what is the probability that they both occur?A) ) 0C) ) cannot be determined from the information given4) A business venture can result in the following outcomes (with their corresponding chance of occurring inparentheses): Highly Successful (10%), Successful (25%), Break Even (25%), Disappointing (20%), and HighlyDisappointing (?). If these are the only outcomes possible for the business venture, what is the chance that thebusiness venture will be considered Highly Disappointing?A) 25%B) 20%C) 10%D) 15%5) A recent survey of banks revealed the following distribution for the interest rate being charged on a home loan(based on a 30 year mortgage with a 10% down payment).

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) If two events are mutually exclusive, what is the probability that one or the other occurs?

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