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IRINA_888 [86]
4 years ago
6

For each of the following, state whether the events created are mutually exclusive and whether they are collectively exhaustive.

Business
1 answer:
8_murik_8 [283]4 years ago
7 0

Answer:

Explanation:

- mutually exclusive (ME): If one event occur the other doesn't

- collectively exhaustive (CE): one of the events must occur

a. Undergraduate business students were asked whether they were sophomores or juniors: ME

b. Each respondent was classified by the type of car he or she drives: sedan, SUV, American, European, Asian, or none. ME - CE

c. people were asked, "Do you currently live in (i) an apartment or (ii) a house?": ME

d. A product was classified as defective or not defective: ME - CE

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Answer:

Use a budget to live within your means and build saving

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Taking loans in engaging in capital projects are not to be discouraged,but the opinion or the fear of the masses is, if such loans could be paid back or the lender will be forced to apply foreclosure on your assets.

Through living within your means and with a healthy and well planned saving budget,all borrowed money will be definitely paid back to the lender .

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3 years ago
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8 0
2 years ago
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