Assertion (A): In any probability distribution, P(A) + P(A') = 1. Reason (R): A and A' are mutually exclusive and exhaustive events. Choose the correct option: MCQ with Answer and Explanation

Assertion (A): In any probability distribution, P(A) + P(A') = 1. Reason (R): A and A' are mutually exclusive and exhaustive events. Choose the correct option:
A. Both A and R are true, and R is the correct explanation of A
B. A is false, R is true
C. Both A and R are true, but R is not the correct explanation of A
D. A is true, R is false
Answer: Option A
Solution (By JKExamLibrary)
Complementary events partition the sample space, so their probabilities sum to 1. R correctly explains A.

This question belongs to: Accountancy and Statistics Statistics

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The de facto census method may overcount:
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B. Elderly in institutions
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Correct Answer: Option A


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Correct Answer: Option B


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Consider the following statements about probability: 1. For any two events, P(A∪B) ≤ P(A) + P(B). 2. If A ⊆ B, then P(A) ≤ P(B). 3. For independent events, P(A|B) = P(A). Which of the above is/are correct?
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This question belongs to: Accountancy and Statistics Statistics