An exhaustive set of events is one which
a. we can never estimate.
b. contains all possible outcomes.
c. contains only independent events.
d. comes from running a very long series of sampling studies.
Question 2
Two events are mutually exclusive when
a. the occurrence of one event is independent of the occurrence of the other.
b. the occurrence of one event precludes the occurrence of the other.
c. both events are equally likely.
d. the first event precedes the second event.