If events A and B are independent then:

a. P(A and B) = P(A) P(B)
b. P(A and B) = P(A) + P(B)
c. P(B|A) = P(A)
d. None of these choices.


.A

Business

You might also like to view...

When considering where to export, advantages to managers of focusing on a nation that is already a sizable purchaser of goods coming from the home country include the fact that

A. the countries have similar levels of economic development. B. the cultures of the two countries should be relatively similar and compatible. C. the two countries are part of the same regional trade agreement. D. export and import regulations are not insurmountable. E. the climate for foreign direct investment in the importing nation is relatively favorable.

Business

The text states, "Viewing customers with a lifetime value perspective rather than on a transaction-by-transaction basis is key to modern customer retention programs." Create an example demonstrating a lifetime value perspective. Why is customer retention almost always a profitable marketing strategy?

What will be an ideal response?

Business

Using several types of transportation for the same shipment is known as ________ transportation.

Fill in the blank(s) with the appropriate word(s).

Business

Use the failure probability and consequence scores shown in the table to determine the consequence of failure for the project

Maturity 0.6 Cost 0.2 Complexity 0.8 Schedule 0.3 Dependency 0.6 Reliability 0.2 Performance 0.5 A) Greater than 0.7 B) Less than or equal to 0.7 but greater than 0.5 C) Less than or equal to 0.5 but greater than 0.3 D) Less than 0.2

Business