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Business, 12.02.2020 01:38 nicollexo21

A financial manager made two new investments—one in the oil industry and one in municipal bonds. After a one-year period, each of the investments will be classified as either successful or unsuccessful. Consider making the two new investments as an experiment with the following four experimental outcomes. Experimental Outcomes Oil Industry Municipal Bond Successful Successful Successful Unsuccessful Unsuccessful Successful Unsuccessful Unsuccessful

a. How many sample points exist for this experiment?
b. Choose a tree diagram. Let A. B. C. D.
c. Let and . How many sample points exist for O? How many sample points exist for M?
d. Identify the sample points in the union of the events ( ).
e. Identify the sample points in the intersection of the events ( ).
f. Are events O and M mutually exclusive?

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