It is the opposite of mutually exclusive. Potentially inclusive are events that can happen at the same time, as mutually exclusive events can't.
No because the term mutually exclusive implies the the trials that could result in these events are sequenced in time.
Mutually exclusive events are considered two events that cannot coexist with one another, in other words, if the first event is happening the second just cannot. Determining the probability for mutually exclusive events can be done by using the formula P ( A and B ) = 0.
provide one business-related example each, with explanation, for mutually exclusive and independent events
No, two events cannot be mutually exclusive and independent simultaneously. Mutually exclusive events cannot occur at the same time, meaning the occurrence of one event excludes the possibility of the other. In contrast, independent events are defined such that the occurrence of one event does not affect the probability of the other occurring. Therefore, if two events are mutually exclusive, the occurrence of one event implies that the other cannot occur, which contradicts the definition of independence.
Whether the events are independent or dependent, whether or not they are mutually exclusive.
The opposite of mutually exclusive is collectively exhaustive, meaning that the options or events being considered cover all possible outcomes without any overlap.
The definition of mutually exclusive events is that the events can't occur at the same time. For example, you can't flip a coin and get a head and a tail; they are mutually exclusive events.
It is the opposite of mutually exclusive. Potentially inclusive are events that can happen at the same time, as mutually exclusive events can't.
No, if two events are mutually exclusive, they cannot both occur. If one occurs, it means the second can not occur.
No because the term mutually exclusive implies the the trials that could result in these events are sequenced in time.
At most one of the events can occur.
Yes.
Mutually exclusive events are considered two events that cannot coexist with one another, in other words, if the first event is happening the second just cannot. Determining the probability for mutually exclusive events can be done by using the formula P ( A and B ) = 0.
Yes, they are. Mutually exclusive events cannot occur together. Complementary events cannot occur together either because an event and its complement are the negative of each other.
Mutually exclusive means they are independent of one another. So, the two events are independent of one another.
No, independence means they are not related. Mutually exclusive means they cannot occur at the same time.