If two events ARE mutually exclusive, then it means that they can not both happen simultaneously. For example, if we flip a coin, it can only be heads or tails, not both. an example of not mutually exclusive events are strong winds and rain. it could be strong wind, or rain, or both.
provide one business-related example each, with explanation, for mutually exclusive and independent events
There is no such thing as a mutually event.
Mutually exclusive. The two events can also be exhaustive if there is no other possibility. For example, if you believe in a state of spiritual limbo, then there is a third possible outcome. In that case death and life are no longer exhaustive.
No. P(A or B) means A, B or (A and B). For example, P(red card or a king) includes red kings.
Mutually is the adverb form of the word "mutual".An example sentence with this word in it is: "the treaty was mutually beneficial to all those who signed it".
A mutually beneficial relationship between two biotic (living) organisms is called a symbiotic relationship.
If what they do is wise. If what they do is harmless. If what they do is mutually beneficial.
if you mean symbiotic it is an interaction between two different organisms living in close physical association. for example a mutually beneficial relationship between two people or groups
A mutually beneficial professional relationship is often referred to as a symbiotic relationship where both professionals gain advantages or benefits from working together.
Nuetral. Saprophitic or if mutually beneficial, symbiotic.
Agriculture
comparative advantage between two countries
War and peace are mutually exclusive.
symbiotic
Mutualism is the symbiotic interaction between different species that is mutually beneficial;
Lichen is a dual organism which is made of a fungus and an alga, associated in a mutually beneficial association.