provide one business-related example each, with explanation, for mutually exclusive and independent events
Mutually exclusive means if one thing is true the other must be false and vice versa.If A is true, B is false. If B is true, A is false.For instance,The ball was totally red.The ball was totally blue.These are mutually exclusive because the ball can only be one or the other.The ball was red.The ball was blue.These are NOT mutually exclusive because the ball could also be red AND blue.
That depends on your definition of "depends." Mutually exclusive events are events that cannot occur at the same time. If you knew that Independent events most certainly can happen at the same time, you could easily deduce that mutually exclusive events are always dependent events. And while it's true dependent events affect the outcome of one another, that's not so easy to see when your dealing with events that don't occur in succession.It can be said that if a mutually exclusive event occurs, the other events that are mutually exclusive in relation to it have not taken place, i.e. the complement of that event has not taken place. When you look at only two events that are mutually exclusive and jointly exhaustive (i.e. all the possible events) like flipping a coin once and getting either a head or a tails (where the probability of the coin landing on it's side is 0), you can say that one event, flipping a head, is dependent on the other event, flipping a tail, not happening. Therefore the events are mutually exclusive.Now imagine two events which are still mutually exclusive but not jointly exhaustive, e.g. rolling a 2 or a 3 with a six sided die. Lets assume the die is not weighted so the probability of each is 1/6. A roll of two does not only depend on not rolling a three. To roll a 2 means not rolling a 1,3,4,5 or 6. To say that rolling a 2 and rolling a 3 are mutually exclusive if the occurrence one depends on the occurrence of the other is ambiguous at best, if not wrong. Rolling a 2 and rolling a 3 are mutually exclusive only because its impossible for both to happen at the same time with one roll, or you can say that P(2and3)=0.It's fair to say that two events are mutually exclusive if the occurrence of one depends on the other not happening. But if you thought that two events are mutually exclusive because the occurrence of one relays on the occurrence of the other then you were wrong. That just describes dependent events in succession.If one event's occurence depends upon the occurence of another, and the events cannot occur with a certain outcome otherwise, they are said to be dependent events. Mutually exclusive events are events that cannot occur together, as the occurence of one prohibits the occurence of the other. An example of a mutually exclusive event is this: two dice are rolled; what is the possibility of rolling both a nine and a double? One cannot roll both a nine and a double simultaneously; therefore, the events are mutually exclusive because one outcome excludes the other. An example of a dependent event is this: Susan is baking cookies. She has enough batter for two dozen chocolate chip cookies and one dozen oatmeal cookies. Therefore, the ratio of chocolate chip to oatmeal is 1.5:1. If Susan's little brother eats half of the chocolate chip cookies, the ratio changes to become 1:1. The possibility of the ratio being 1:1 is dependent upon Susan's brother eating half of the chocolate chip cookies. Thus, it is a dependent event. If one event's occurence depends upon the occurence of another, and the events cannot occur with a certain outcome otherwise, they are said to be dependent events. Mutually exclusive events are events that cannotoccur together, as the occurence of one prohibits the occurence of the other. An example of a mutually exclusive event is this: two dice are rolled; what is the possibility of rolling both a nine and a double? One cannot roll both a nine and a double simultaneously; therefore, the events are mutually exclusive because one outcome excludes the other. An example of a dependent event is this: Susan is baking cookies. She has enough batter for two dozen chocolate chip cookies and one dozen oatmeal cookies. Therefore, the ratio of chocolate chip to oatmeal is 1.5:1. If Susan's little brother eats half of the chocolate chip cookies, the ratio changes to become 1:1. The possibility of the ratio being 1:1 is dependent upon Susan's brother eating half of the chocolate chip cookies. Thus, it is a dependent event. If one event's occurence depends upon the occurence of another, and the events cannot occur with a certain outcome otherwise, they are said to be dependent events. Mutually exclusive events are events that cannotoccur together, as the occurence of one prohibits the occurence of the other. An example of a mutually exclusive event is this: two dice are rolled; what is the possibility of rolling both a nine and a double? One cannot roll both a nine and a double simultaneously; therefore, the events are mutually exclusive because one outcome excludes the other. An example of a dependent event is this: Susan is baking cookies. She has enough batter for two dozen chocolate chip cookies and one dozen oatmeal cookies. Therefore, the ratio of chocolate chip to oatmeal is 1.5:1. If Susan's little brother eats half of the chocolate chip cookies, the ratio changes to become 1:1. The possibility of the ratio being 1:1 is dependent upon Susan's brother eating half of the chocolate chip cookies. Thus, it is a dependent event.Mutually exclusive events refers to the events that cannot occur at the same time.
It's more of a philosophical term in general. It refers to two or more conditions which can't be true at the same time. For instance, the statements "There is a god." and "There is no god." are mutually exclusive.
yes P(AUB)=P(A)+P(B) but only for mutualy exclusive events
At most one of the events can occur.
provide one business-related example each, with explanation, for mutually exclusive and independent events
yes
Mutually exclusive means if one thing is true the other must be false and vice versa.If A is true, B is false. If B is true, A is false.For instance,The ball was totally red.The ball was totally blue.These are mutually exclusive because the ball can only be one or the other.The ball was red.The ball was blue.These are NOT mutually exclusive because the ball could also be red AND blue.
Of course not, the terms are incompatible with each other, mutually exclusive.
No. Belief in ghosts and belief in God are not mutually exclusive.
That depends on your definition of "depends." Mutually exclusive events are events that cannot occur at the same time. If you knew that Independent events most certainly can happen at the same time, you could easily deduce that mutually exclusive events are always dependent events. And while it's true dependent events affect the outcome of one another, that's not so easy to see when your dealing with events that don't occur in succession.It can be said that if a mutually exclusive event occurs, the other events that are mutually exclusive in relation to it have not taken place, i.e. the complement of that event has not taken place. When you look at only two events that are mutually exclusive and jointly exhaustive (i.e. all the possible events) like flipping a coin once and getting either a head or a tails (where the probability of the coin landing on it's side is 0), you can say that one event, flipping a head, is dependent on the other event, flipping a tail, not happening. Therefore the events are mutually exclusive.Now imagine two events which are still mutually exclusive but not jointly exhaustive, e.g. rolling a 2 or a 3 with a six sided die. Lets assume the die is not weighted so the probability of each is 1/6. A roll of two does not only depend on not rolling a three. To roll a 2 means not rolling a 1,3,4,5 or 6. To say that rolling a 2 and rolling a 3 are mutually exclusive if the occurrence one depends on the occurrence of the other is ambiguous at best, if not wrong. Rolling a 2 and rolling a 3 are mutually exclusive only because its impossible for both to happen at the same time with one roll, or you can say that P(2and3)=0.It's fair to say that two events are mutually exclusive if the occurrence of one depends on the other not happening. But if you thought that two events are mutually exclusive because the occurrence of one relays on the occurrence of the other then you were wrong. That just describes dependent events in succession.If one event's occurence depends upon the occurence of another, and the events cannot occur with a certain outcome otherwise, they are said to be dependent events. Mutually exclusive events are events that cannot occur together, as the occurence of one prohibits the occurence of the other. An example of a mutually exclusive event is this: two dice are rolled; what is the possibility of rolling both a nine and a double? One cannot roll both a nine and a double simultaneously; therefore, the events are mutually exclusive because one outcome excludes the other. An example of a dependent event is this: Susan is baking cookies. She has enough batter for two dozen chocolate chip cookies and one dozen oatmeal cookies. Therefore, the ratio of chocolate chip to oatmeal is 1.5:1. If Susan's little brother eats half of the chocolate chip cookies, the ratio changes to become 1:1. The possibility of the ratio being 1:1 is dependent upon Susan's brother eating half of the chocolate chip cookies. Thus, it is a dependent event. If one event's occurence depends upon the occurence of another, and the events cannot occur with a certain outcome otherwise, they are said to be dependent events. Mutually exclusive events are events that cannotoccur together, as the occurence of one prohibits the occurence of the other. An example of a mutually exclusive event is this: two dice are rolled; what is the possibility of rolling both a nine and a double? One cannot roll both a nine and a double simultaneously; therefore, the events are mutually exclusive because one outcome excludes the other. An example of a dependent event is this: Susan is baking cookies. She has enough batter for two dozen chocolate chip cookies and one dozen oatmeal cookies. Therefore, the ratio of chocolate chip to oatmeal is 1.5:1. If Susan's little brother eats half of the chocolate chip cookies, the ratio changes to become 1:1. The possibility of the ratio being 1:1 is dependent upon Susan's brother eating half of the chocolate chip cookies. Thus, it is a dependent event. If one event's occurence depends upon the occurence of another, and the events cannot occur with a certain outcome otherwise, they are said to be dependent events. Mutually exclusive events are events that cannotoccur together, as the occurence of one prohibits the occurence of the other. An example of a mutually exclusive event is this: two dice are rolled; what is the possibility of rolling both a nine and a double? One cannot roll both a nine and a double simultaneously; therefore, the events are mutually exclusive because one outcome excludes the other. An example of a dependent event is this: Susan is baking cookies. She has enough batter for two dozen chocolate chip cookies and one dozen oatmeal cookies. Therefore, the ratio of chocolate chip to oatmeal is 1.5:1. If Susan's little brother eats half of the chocolate chip cookies, the ratio changes to become 1:1. The possibility of the ratio being 1:1 is dependent upon Susan's brother eating half of the chocolate chip cookies. Thus, it is a dependent event.Mutually exclusive events refers to the events that cannot occur at the same time.
It's more of a philosophical term in general. It refers to two or more conditions which can't be true at the same time. For instance, the statements "There is a god." and "There is no god." are mutually exclusive.
The two are not mutually exclusive. It is not as if one is true and the other is false. True interpretations of scripture support science, and in cases not exclusively faith based science supports scripture.
This statement is true.
yes P(AUB)=P(A)+P(B) but only for mutualy exclusive events
They can't. If they are ME, then if you get one, you know that the other will not occur. By def of Indep. , knowing the outcome of an event cannot tell you info about the other. Actually, that is not entirely true - in the (rather trivial) case that the probability of one event is zero - both conditions are met. It is false