Q6. If event A and event B cannot occur simultaneously, then events A and B are said to be:
A) statistically independent.
B) collectively exhaustive.
C) mutually exclusive.
Q7. In any given year, the chance of a good year is 40%, an average year is 35%, and the chance of a bad year is 25%. What is the probability of having two good years in a row? A) 16.00%. B) 10.00%. C) 8.75%.
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