If A and B are ____________________ then the probability of the union of A and B is the sum of their individual probabilities

Fill in the blank(s) with correct word


mutually exclusive

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Consider the following hypothetical situation. The interest rate on a two-year bond today is 7.5 percent and the interest rates on two one-year bonds are 3 percent and 4 percent respectively. The term premium earned by the investors is

A. 5 percent. B. 4 percent. C. 4.25 percent. D. 6 percent.

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The reduction in motivation and effort when individuals work collectively compared with when they work individually or coactively is known as ______.

A. groupthink B. slacking C. consensus building D. social loafing

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Explain the theory of market share liability

What will be an ideal response?

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David has a Homeowners 3 policy that provides $280,000 of insurance on his dwelling, which has a current replacement value of $400,000

Ignoring any deductible, how much will David collect if a roof with a replacement value of $16,000 but an actual cash value of $10,000 is destroyed in a fire? A) $10,000 B) $12,000 C) $14,000 D) $16,000

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