mutually Finance-88 Marketing-32 Operations and Supply Chain Management-65 Information Systems-55 Select the correct choice and, if necessary, fill in the answer box to complete your choice. O A. Since the outcomes are mutually exclusive, the probability that a student is either a finance or a marketing major is No assumptions need to be made. (Round to two decimal places as needed.) B. Since the students may or may not be allowed to have multiple majors, it is not known if the outcomes are mutually exclusive. If it is assumed that the majors are not mutually exclusive, then the probability that a student is either a finance or a marketing major cannot be found using only the information given. If it is assumed that the majors are mutually exclusive, then the probability is (Round to two decimal places as needed.) O C. Since the outcomes are not mutually exclusive, the probability cannot be found using only the information given. O D. Since the students may or may not be allowed to have multiple majors, it is not known if the outcomes are mutually exclusive. If it is assumed that the majors are not mutually exclusive, then the probability that a student is either a finance or a marketing major is If it is assumed that the majors are mutually exclusive, then the probability cannot be found using only the information given. (Round to two decimal places as needed.)

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter14: Counting And Probability
Section14.2: Probability
Problem 48E: Quality Control To control the quality of their product, the Bright-Light Company inspects three...
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mutually
Finance-88
Marketing-32
Operations and Supply Chain Management-65
Information Systems-55
Select the correct choice and, if necessary, fill in the answer box to complete your choice.
O A. Since the outcomes are mutually exclusive, the probability that a student is either a finance or a marketing major is
No assumptions need to be made.
(Round to two decimal places as needed.)
B. Since the students may or may not be allowed to have multiple majors, it is not known if the outcomes are mutually exclusive. If it is assumed that the majors are not mutually exclusive, then the probability that a student is either a finance or a
marketing major cannot be found using only the information given. If it is assumed that the majors are mutually exclusive, then the probability is
(Round to two decimal places as needed.)
O C. Since the outcomes are not mutually exclusive, the probability cannot be found using only the information given.
O D. Since the students may or may not be allowed to have multiple majors, it is not known if the outcomes are mutually exclusive. If it is assumed that the majors are not mutually exclusive, then the probability that a student is either a finance or a
marketing major is
If it is assumed that the majors are mutually exclusive, then the probability cannot be found using only the information given.
(Round to two decimal places as needed.)
Transcribed Image Text:mutually Finance-88 Marketing-32 Operations and Supply Chain Management-65 Information Systems-55 Select the correct choice and, if necessary, fill in the answer box to complete your choice. O A. Since the outcomes are mutually exclusive, the probability that a student is either a finance or a marketing major is No assumptions need to be made. (Round to two decimal places as needed.) B. Since the students may or may not be allowed to have multiple majors, it is not known if the outcomes are mutually exclusive. If it is assumed that the majors are not mutually exclusive, then the probability that a student is either a finance or a marketing major cannot be found using only the information given. If it is assumed that the majors are mutually exclusive, then the probability is (Round to two decimal places as needed.) O C. Since the outcomes are not mutually exclusive, the probability cannot be found using only the information given. O D. Since the students may or may not be allowed to have multiple majors, it is not known if the outcomes are mutually exclusive. If it is assumed that the majors are not mutually exclusive, then the probability that a student is either a finance or a marketing major is If it is assumed that the majors are mutually exclusive, then the probability cannot be found using only the information given. (Round to two decimal places as needed.)
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