Which of the following statements is correct if the events A and B have nonzero probabilities?
a. A and B cannot be both independent and disjoint
b. A and B can be both independent and disjoint
c. A and B are always independent
d. A and B are always disjoint
A
You might also like to view...
Following the change in consumer values and consumption patterns after the Great Recession, marketers have changed their marketing strategies to emphasize the ________ of their products
A) image B) value C) durability D) safety E) uniqueness
Which of the following statements about the ethical or unethical behavior of management is accurate?
a. Highly ethical employees placed under unethical managers will typically soon display flagrant unethical behavior. b. Unethical behavior by managers does not often influence the behavior of subordinates. c. Employees want to see confidence in their managers even above ethical behavior. d. Employees want to see honesty in their managers above all other attributes.
Self-reliance is a characteristic that most successful entrepreneurs possess.
Answer the following statement true (T) or false (F)
Which of the following statements about the principle of insurable interest is (are) true? I. It makes it difficult to measure the amount of an insured's loss. II. It reduces moral hazard
A) I only B) II only C) both I and II D) neither I nor II